Question
An annuity pays $R per month starting February 1, 2014, and ending January 1, 2017 (inclusive). If the value of this annuity on January 1,
An annuity pays $R per month starting February 1, 2014, and ending January 1, 2017 (inclusive). If the value of this annuity on January 1, 2017, is $8000 and j12 = 7.2%, what is its value on January 1, 2014?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes
4th Edition
0256147175, 978-0256147179
