2. Accounting
3. consider a series of 135 end of period cfs spanning...

# Question: consider a series of 135 end of period cfs spanning...

###### Question details

Consider a series of $135 end of -period CFs spanning 2053-2057. The interest rate is 1.2%. What is the equivalent value of this series at the end of 2046? (answer:$606.37)