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G.) A 5-year $100 ordinary annuity has an annual interest rate of 4%? 1. What is its present value? 2. What would the present value
G.) A 5-year $100 ordinary annuity has an annual interest rate of 4%? 1. What is its present value? 2. What would the present value be if it was a 10-year annuity? 3. What would the present value be if it was a 25-year annuity? 4. What would the present value be if this was a perpetuity?
G.) A 5-year $100 ordinary annuity has an annual interest rate of 4%?
1. What is its present value?
2. What would the present value be if it was a 10-year annuity?
3. What would the present value be if it was a 25-year annuity?
4. What would the present value be if this was a perpetuity?
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