An annuity pays $80.00 each period for 5 periods. For these cash flows, the appropriate discount rate

Question:

An annuity pays $80.00 each period for 5 periods. For these cash flows, the appropriate discount rate / period is 6.0%. What is the present value of this annuity?

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

Step by Step Answer:

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