Answer to Question #117928 in Finance for jiten shreshtha

Question #117928
Express cash flow as uniform payment series for 10
years that is equivalent to a payment series of Rs. 50,000 at the end of first year, decreasing by Rs.
5,000 each year over 10 years at interest rate of 16% per year compounded annually.
1
Expert's answer
2020-05-28T11:07:55-0400

50000-5000=45 000


Postnumerando Annuity



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