What is the approximate present value of an ordinary annuity (beginning one year from now) of a

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What is the approximate present value of an ordinary annuity (beginning one year from now) of a stream of 12 annual payments of $87,000 if you use a discount rate of 6%?

a. $773,154.04

b. $747,278.92

c. $729,394.95

d. $718,974.58

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Principles Of Finance

ISBN: 9798439388899

1st Edition

Authors: Julie Dahlquist, Rainford Knight

Question Posted: Jun 23, 2022 01:25 AM

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What is the approximate present value of an ordinary annuity (beginning one year from now) of a

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