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All I need to know is why 3000 PMT not PV; please explain Question (Annuities... next time) If you save $3,000 per year for 40
All I need to know is why 3000 PMT not PV; please explain
Question (Annuities... next time) If you save $3,000 per year for 40 years, earning 8% per year, how much will I have? Guess.....calculate! RATE NPER PMT PV FV 0.08 40 -3000 0 $777,169.56 A. $120,000 B. $180,783 C. $240,178 D. $455,032 E. $777,170 Leeds School of Business UNIVERSITY OF COLORADO BOULDERStep by Step Solution
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The Retirees Complete Annuity Handbook
Authors: Scot Whiskeyman
1st Edition
8647470052, 979-8647470058
