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Assume you are the recipient of a two-year, 5 percent, $100 per year ordinary annuity. What is the present value of the annuity? $205 $200
Assume you are the recipient of a two-year, 5 percent, $100 per year ordinary annuity. What is the present value of the annuity?
| $205 | ||
| $200 | ||
| $186 (rounded) | ||
| $174 (rounded) |
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Marketing For Small B2b Businesses
Authors: Andrew Schulkind
1st Edition
1484287436, 978-1484287439
