Question

In: Accounting

What is the amount to be deposited at time 0 (zero) so that after 20 years...

What is the amount to be deposited at time 0 (zero) so that after 20 years you can start paying a semiannual term rent of 200 euros each, payable at the beginning of each semester and for the next 25 years, for a fee 7% per year with bimonthly capitalizations in the first 15 years and 4% per semester with quarterly capitalizations in the following years.

Solutions

Expert Solution

DEPOSIT AMOUNT TODAY 1047.10 EUROS

IT IS CALCULATED THROUGH ANNUITY AND DETAILED CALCULATION GIVEN BELOW

CALCULATION AS PER SHEETS ATTACHED


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