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I tried a lot of times still not getting the given answer. Can anyone confirm that. The present value of an ordinary annuity with a
I tried a lot of times still not getting the given answer. Can anyone confirm that.
The present value of an ordinary annuity with a periodic payment of $222.00, a payment interval of 1 year, a term of 9 years, an interest rate of 10%, and with interest converted quarterly ("END" mode) Set P/Y = 1; C/Y = 4 CLR TVM 2ND FV 9 N 10 1/Y 222 PMT CPT PV Ans: - 1259.35Step by Step Solution
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