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Estimating the annual interest rate with an ordinary annuity Fill in the missing annual interest rates in the following table for an ordinary annuity stream
Estimating the annual interest rate with an ordinary annuity Fill in the missing annual interest rates in the following table for an ordinary annuity stream Annual Interest Rate Future Value Annuity Present Value Number of Payments or Years 9 15 30 90 2 2 2 2 $0.00 $9.927.08 SO 00 $8,270,560.10 $640.00 $365 61 $1 980 56 $650.00 $2,313.54 $0 00 $43,000.00 $0.00 Number of Payments or Years Annual Interest Rate Future Value Annuity Present Value 9 % (Round to two decimal places) $0 00 $640.00 $2 313 54
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