11. Further analysis of problem 10:

a. Find the present value of 2 percent _ $1,000 (or $20) for 20 years at 10 percent. The $20 is assumed to be an annual payment.

b. Add this value to $1,000. c. Explain why the answers to problem 11b and problem 10 are basically the same. (There is a slight difference due to rounding in the tables.)

a. Find the present value of 2 percent _ $1,000 (or $20) for 20 years at 10 percent. The $20 is assumed to be an annual payment.

b. Add this value to $1,000. c. Explain why the answers to problem 11b and problem 10 are basically the same. (There is a slight difference due to rounding in the tables.)

### Recently Asked Questions

- how do i find producer surplus at market equilibrium given the information below? p is in dollars and x is the number of units. Find the producer's

- You are responsible for (1) crafting a substantive post answering the question 1.Why is it necessary for professional scientific organizations to release

- how do i solve the probem given below with the following information ? p and C are in dollars and x is the number of units. A monopoly has a