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per Pv Fv -19X12 Finding the Rate of Return You pay $6,000 for an annuity that will pay you $500.00 per year for 20 years.
per Pv Fv -19X12 Finding the Rate of Return You pay $6,000 for an annuity that will pay you $500.00 per year for 20 years. What is the discount rate? (5.45%) You make annual payments of $1,200 for each of the next 10 years and have $19,500 at the end of 10 years. What is the Rate of Return that you earn? (10.4%) 2
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