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kindly solve Question 13 3.85 pts What is the PV today of a 8 payment annuity if the first payment of $1,435 occurs one year
kindly solve
Question 13 3.85 pts What is the PV today of a 8 payment annuity if the first payment of $1,435 occurs one year from today and the payments grow at 4% annually? The interest rate is 10%. Your answer should be entered as a positive number and rounded to the nearest penny (2 decimal places) Please no commas or $ signs please. For example, $112,560.93 should be entered as 112560.93Step by Step Solution
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