A financial contract offers to pay €1,200 per month for five years with the first payment made immediately. Assuming an annual discount rate of 6.5%, compounded monthly the present value of the contract is closest to:
def get_present_value(total_month,per_month_money,annual_discount_rate): '''类似于先付费用的年金的折现''' monthly_discount_rate=annual_discount_rate/12 present_value=per_month_money for i in range(1,total_month): present_value+=per_month_money/(1+monthly_discount_rate)**i return present_value get_present_value(60,1200,0.065) 61662.62191784636
