Question
Present value of an ordinary annuity. Fill in missing present values in the following table for an ordinary annuity. Number of Payments or Years Annual
Present value of an ordinary annuity. Fill in missing present values in the following table for an ordinary annuity.
| Number of Payments or Years | Annual Interest Rate | Future Value | Annuity | Present Value |
| 5 | 9% | 0 | $186.37 | ? |
| 17 | 17% | 0 | $3,428.32 | ? |
| 26 | 5% | 0 | $566.85 | ? |
| 300 | 0.5% | 0 | $2,545.75 | ? |
$__ (Round to two nearest cent
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Capital Markets Institutions And Instruments
Authors: Frank J. Fabozzi, Franco Modigliani
4th Edition
0136026028, 9780136026020
