Question
To compute the present value of $5,000 annuity received at the end of each of the next 3 years and discounted at the rate of
To compute the present value of $5,000 annuity received at the end of each of the next 3 years and discounted at the rate of 6% per year, you should enter the following variables into a financial calculator.
| A | N=3, I=6, PMT=5000, FV=0 | |
| B | N=3, I=6, PMT=0, FV=5000 | |
| C | N=6, I=3, PMT=0, FV=5000 | |
| D | N=6, I=3, PMT=5000, FV=0 |
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Applied International Finance
Authors: Thomas J O'Brien
1st Edition
1606497340, 9781606497340
