A deferred ordinary annuity is comprised of eight annual payments of $1500. What is the period of

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A deferred ordinary annuity is comprised of eight annual payments of $1500. What is the period of deferral if the present value of the payments, discounted at 7.9% compounded annually, is $6383.65

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Sep 21, 2024 08:02 AM

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A deferred ordinary annuity is comprised of eight annual payments of $1500. What is the period of deferral if the present value of the payments, discounted at 7.9% compounded annually, is $6383.65
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A deferred ordinary annuity is comprised of eight annual payments of $1500. What is the period of

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Given PMT 1500 i 79 n 18 8 and PV 638365 ...View the full answer

Business Mathematics In Canada

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