Question
Suppose that you will receive annual payments of $20,500 for a period of 21 years. The first payment will be made 8 years from now.
Suppose that you will receive annual payments of $20,500 for a period of 21 years. The first payment will be made 8 years from now. If the interest rate is 7.00%, what is the value of the annuity in year 7, what is the current value of this stream of cash flows?
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Amazon Mechanical Turk Start To Make Money Online
Authors: Ines Mechler
1st Edition
1542974267, 978-1542974264
