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If the PV of $10 a year for three years is $24.65, what is the three-year annuity factor? I don't know how to figure this
- If the PV of $10 a year for three years is $24.65, what is the three-year annuity factor?
I don't know how to figure this out. The discount rate seems to require an interest rate, and I don't know that information. Can you help?
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International financial management
Authors: Jeff Madura
12th edition
1133947832, 978-1305195011, 978-1133947837
