stephaniealphonse99 stephaniealphonse99

09-10-2022
Mathematics

Answered

At the end of every two months for a year, we as shareholders will be paid K300, K400, K500, K500, K400 and X-amount (last payment amount) respectively. If the inflation is running at 9% per annum and net present value paid as dividend is K2650, how much would be the last amount paid (X-amount)?

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