Please i hope someone can give me an answer to this. You are given with the following investment opportunities. Rs. 2000 at the end of each year for the first 5 years plus Rs. 3000 at the end of each year from years 6 to 9 plus Rs 5000 at the end of each year from years 10 to 15.
a)how much are you willing to pay for this investment of the rate is 14%?
b)what will be the answer if payments are received at the beginning of each year?
Thank you!