Question
The first of ten semiannual payments of $2800 will be made 512512 years from today. What is the present value of this deferred annuity using
The first of ten semiannual payments of $2800 will be made 512512 years from today. What is the present value of this deferred annuity using a discount rate of 7.8% compounded semiannually? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
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The International Handbook Of Public Financial Management
Authors: Richard Allen, Richard Hemming, B. Potter
1st Edition
1137574895, 978-1137574893
