62 520
Assignments Done
98,7%
Successfully Done
In June 2018

Answer to Question #39693 in Calculus for SANTOSH

Question #39693
A firm has an estimated pension liability of Rs. 1.5 million due 27 years from today. If the firm can invest in a risk-free security with an interest rate of 8 percent, how much must the firm invest today to be able to make the Rs. 1.5 million payment?
Expert's answer

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions