Question
Compute the present value of an annuity of $ 641 per year for 25 years, given a discount rate of 6 percent per annum. Assume
Compute the present value of an annuity of $ 641 per year for 25 years, given a discount rate of 6 percent per annum. Assume that the first cash flow will occur one year from today (that is, at t = 1). (Round your answer to 2 decimal places; record your answer without commas and without a dollar sign).
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Financial Intelligence For IT Professionals
Authors: Karen Berman, Joe Knight, John Case
1st Edition
1422119149, 9781422119143
