Answer to Question #82095 in Financial Math for Inga

Question #82095
(a)Assume that the rate of interest is 6% per annum, compounded quarterly. Find the present value of a regular payment of $3,600 per annum payable for 4 years if the payment is made quarterly in arrears.

(b) Findthepresentvalueofthesameregularpaymentof $3,600perannumpayablefor4yearsifpayment is made continuously through the year.
1
Expert's answer
2018-10-19T08:21:22-0400
Dear Inga, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order

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