Question
a) What is the present value of a 27 year annuity due, if the annual interest rate is 5% and annual payment is $2000. b)
a) What is the present value of a 27 year annuity due, if the annual interest rate is 5% and annual payment is $2000.
b) What is the future value of 20 year ordinary annuity, if annual interest rate is 8% and annal payment is $1500
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
