Question
Interest rate with annuity.What are you getting in terms of interest rate if you are willing to pay $13,000 today for an annual stream of
Interest rate with annuity.What are you getting in terms of interest rate if you are willing to pay $13,000 today for an annual stream of payments of $2,100 for the next 15 years? The next 30 years? The next 75 years? Forever? Question content area bottom Part 1 What are you getting in terms of interest rate if you are willing to pay $13,000 today for an annual stream of payments of $2,100 for the next 15 years? enter your response here% (Round to two decimal places.) Part 2 What are you getting in terms of interest rate if you are willing to pay $13,000 today for an annual stream of payments of $2,100 for the next 30 years? enter your response here% (Round to two decimal places.) Part 3 What are you getting in terms of interest rate if you are willing to pay $13,000 today for an annual stream of payments of $2,100 for the next 75 years? enter your response here% (Round to two decimal places.) Part 4 What are you getting in terms of interest rate if you are willing to pay $13,000 today for an annual stream of payments of $2,100 forever? enter your response here% (Round to two decimal places.)
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