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Melvina Kalehuawehe will receive an annuity of $4,880.00 every month for 5 years how much is this cashflow worth to them today? Assume a discount
Melvina Kalehuawehe will receive an annuity of $4,880.00 every month for 5 years how much is this cashflow worth to them today? Assume a discount rate of 5.00%. (If there is a way to solve this using the ti-84 could you please explain how I would solve it on that.
a. $258,594.65 | ||
b. $331,869.68 | ||
c. $21,127.85 | ||
d. $26,965.08 |
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