Question
a. What is the present value of a 3-year annuity of $100 if the discount rate is 6%? (Do not round intermediate calculations. Round your
a. What is the present value of a 3-year annuity of $100 if the discount rate is 6%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Present value $
b. What is the present value of the annuity in (a) if you have to wait 2 years instead of 1 year for the first payment? (Round your intermediate and final answers to 2 decimal places.) Present value $
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South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts
Authors: William H. Hoffman, William A. Raabe, James C. Young, Annette Nellen, David M. Maloney
41st Edition
978-1337385947, 1337390046, 1337385948, 9781337390040, 978-1337385985
