Question
Present value of an ordinary annuity. Fill in the missing present values in the following table for an ordinary annuity. Round to the nearest cent
Present value of an ordinary annuity. Fill in the missing present values in the following table for an ordinary annuity. Round to the nearest cent
| Number of Payments or Years | Annual Interest Rate | Future Value | Annuity | Present Value |
| ||||||||||||||
| 7 | 8% | 0 | $273.52 | ? | |||||||||||||||
| 19 | 14% | 0 | $3,249.94 | ? | |||||||||||||||
| 25 | 4.5% | 0 | $616.17 | ? | |||||||||||||||
| 320 | 0.9% | 0 | $2,325.68 | ? | |||||||||||||||
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International Finance For Non Financial Managers
Authors: Dora Hancock
1st Edition
0749480017, 9780749480011
