Lecture Notes on Time Value of Money
The investment earns 8% for four years and then earns 4% for the remaining six years. ... all the previous examples could have been quarters, months, or days. The interest rate and time period must correspond. Example: Problem 1. Find the value of $10,000 earning 5% interest per year after two years. ... Calculate the future value of $60.00 per ... ................
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