Question
1) Fill in the missing number of payments or years (waiting period) in the following table for an ordinary annuity stream. Number ofYears Interest Rate
1) Fill in the missing number of payments or years (waiting period) in the following table for an ordinary annuity stream.
| Number ofYears | Interest Rate | Future Value | Annuity | Present Value |
|
| 6% | 0 | $250.00 | $2,867.48 |
|
| 8% | $5,794.62 | $400.00 | 0 |
|
| 10% | 0 | $636.48 | $6,000.00 |
|
| 4% | $100,000.00 | $80.80 | 0 |
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Financial Terms Dictionary Investment Terminology Explained
Authors: Thomas Herold, Wesley Crowder
1st Edition
1521725764, 978-1521725764
