Question
A 20-year annuity immediate with annual payments is calculated at 6.2%. The first payment is 500 and increases at 4% annually. Find the present value
A 20-year annuity immediate with annual payments is calculated at 6.2%. The first payment is 500 and increases at 4% annually. Find the present value of this annuity.
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The Certified Lease And Finance Professionals Handbook
Authors: Deborah Reuben, Certified Lease & Finance Professionals, Equipment Finance Industry Experts
6th Edition
171743388X, 978-1717433886
