Rent payments are made at the end of each quarter, the duration of the rent...
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Rent payments are made at the end of each quarter, the duration of the rent is 8 years. For the first 2 years, the total amount of payments per year is EUR 1000, for the following 6 In the eighth year, the total annual amount of payments is EUR 3000 each year, and in the eighth at the end of the year there is a one - off additional payment of EUR 15000. Nominal year the interest rate is 6.6% with a monthly fruit capitalization. Calculate the combined the present value of the rent. Determine the modern value of the annuity at the end of 6, the fruit capitalization shall take place: (a) quarterly; (b) continuously.
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