| Question | The following series of payments will repay a present sum of $5000 at an 8% interest rate. Using single payment factors, what present sum is equivalent to this series of payments at a 10%interest rate? 1…………………………..$1400 2…………………………… 1320 3…………………………… 1240 4…………………………… 1160 5…………………………… 1080 |
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| Subject | business-economics |
