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If you are doing PVA and FVA problems, what difference does it make if the annuities are "ordinary annuities" or "annuities due"?
In PVA or a FVA of annuity due trouble, annuity expenditure earning interest one period sooner than in ordinary annuity trouble thus, higher PVA and FVA values result with an annuity due. The first payment takes place sooner in the case of a future value of an annuity due. In current value of annuity due problems, each annuity payment takes place one period sooner, so the payments are discounted fewer severely.
A mortgage may be defined as a pledge of property to secure a debt payment; in this context, we will use the term property to mean real estate. If the
#how to calculate initial investment cash flows ..
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Valuing Debt Securities Securities which promise to pay its investors a stated rate of interest and return principal amount at the maturity date are known as debt securities.
QUESTION (a) What are the main benefits of E-Banking to customers and banking institutions? (b) Internet Banking products and services are of two primary types, informationa
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Air Manchester (AM) is a new airplane manufacturer. It is considering investing in a software package, e.g. SAS, which would make its daily operations more efficient
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