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Future and present value of an annuity Find the future and present value of a 20 -year ordinary annuity paying $40000 per year at each
Future and present value of an annuity Find the future and present value of a 20 -year ordinary annuity paying $40000 per year at each of the following interes a. 20% b. 10% c. 19 d. 015 e. What is the general principie that you soe when you compare your answers here? What value are both the present value and future value gettirig close to as a. The tuture value of a 20 -year ordinary annuty paying $400.00 per year at an annual interest rate of 20% is $74,67520 (Round to the nearest cent) The present value of a 20 -year ordinary ennuty paying $40000 per year at an annual interest rate of 20% is $ (Round to the nearest cent)
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