Question
Find the present value of the following ordinary simple annuity, Periodic Payment: $704 Payment Interval: 3 months Term: 2.75 years Interest Rate: 11% Conversion Period:
Find the present value of the following ordinary simple annuity,
Periodic Payment: $704
Payment Interval: 3 months
Term: 2.75 years
Interest Rate: 11%
Conversion Period: quarterly
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Python For Finance
Authors: Yves Hilpisch
2nd Edition
1492024333, 978-1492024330
