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Assume you will receive 5 equal payments of $ 1 5 0 each, with the first payment expected in year 9 . If you use

Assume you will receive $5$ equal payments of $ $150$ each, with the first payment expected in year $9 .$ If you use the Present Value of the Annuity $($ PVA $)$ formula to convert those cash flows into a single lump sum, where on the timeline $($ in which year $)$ will that lump sum be located?

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Assume you will receive 5 equal payments of $ 1 5 0 each, with the first payment expected in year 9 . If you use

Assume you will receive 5 equal payments of $150 each, with the first payment expected in year 9. If you use the Present Value of the Annuity (PVA) formula to convert those cash flows into a single lump sum, where on the timeline (in which year) will that lump sum be located?

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Assume you will receive $5$ equal payments of $ $150$ each, with the first payment expected in year $9 .$ If you use the Present Value of the Annuity $($ PVA $)$ formula to convert those cash flows into a single lump sum, where on the timeline $($ in which year $)$ will that lump sum be located?