Calculate the present value of the following cash flows: 1. A fifteen year annuity of $$ 300$

Question:

Calculate the present value of the following cash flows:

1. A fifteen year annuity of $\$ 300$ starting at once. Interest rates are $6 \%$.

2. A perpetuity of $\$ 33,000$ commencing immediately. Interest rates are $22 \%$.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: