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For each of the following annuities, calculate the present value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
For each of the following annuities, calculate the present value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
| Present Value | Annuity Payment | Years | Interest Rate | |||||||||||
| $ | $ | 2,700 | 7 | 5 | % | |||||||||
| 1,490 | 9 | 4 | ||||||||||||
| 13,330 | 15 | 6 | ||||||||||||
| 33,650 | 29 | 8 | ||||||||||||
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Collectible Investments For The High Net Worth Investor
Authors: Stephen Satchell
1st Edition
0123745225,0080923054
