Cash Value Of Eternal Rente Pranumerando
Eternal Rente is rente whose sum of unlimited installments. The value of the eternal rent is a geometric progression down, so the value of the eternal rent of cash has value.
Information :
CV = Cash value
C = Initial capital period
i = Percentage of interest per period
Answer:
C = $175,000
i = 1%/month = 0.01/month
So the total scholarship received by Fulan is $17,675,000.00.
Similarly this article.
Sorry if there is a wrong word.
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Referensi :
Cash Value Formula of Eternal Rente Pranumerando
Information :
CV = Cash value
C = Initial capital period
i = Percentage of interest per period
Example Question of Cash Value of Eternal Rente Pranumerando
At the beginning of each month, Fulan will earn a $175,000 scholarship from PT UNILEVER for a limited period of time. PT UNILEVER does not want to bother. Therefore, the scholarship will be awarded at the same time but subject to interest of 1%/month. Determine the total scholarship Fulan received!Answer:
C = $175,000
i = 1%/month = 0.01/month
So the total scholarship received by Fulan is $17,675,000.00.
Similarly this article.
Sorry if there is a wrong word.
The end of word wassalamualaikum wr. wb
Referensi :
- To'Ali's book math group accounting and sales
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