Question
find the present value of a deferred annuity starting in 3 years from now of $925 every 3 months for 10 years if the interest
find the present value of a deferred annuity starting in 3 years from now of $925 every 3 months for 10 years if the interest rate is 10% compounded quarterly
Answer is $17,697.05. Please show work on how you got this answer.
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Health Care Finance And The Mechanics Of Insurance And Reimbursement
Authors: Michael K. Harrington
2nd Edition
1284169030, 978-1284169034
