Question
For each of the following cases, calculate the present value of the annuity, assuming the annuity cash flows occur at the end of each year.
For each of the following cases, calculate the present value of the annuity, assuming the annuity cash flows occur at the end of each year.
| Annuity | Interest Rate (%) | Period (Yrs) | Present Value ($) |
|
| 32,000 | 14 | 8 | ||
| 20,000 | 9 | 14 |
| Annuity | Interest Rate (%) | Period (Yrs) | Present Value ($) |
| 32,000 | 14 | 8 | ____ (Round to the nearest cent.) |
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Finance And Strategy
Authors: Belen Villalonga
1st Edition
1783504935, 978-1783504930
