Question
warren buffet had decided to fund your new charitable company. He will give you an annuity of $2200 per year for nine years. You will
warren buffet had decided to fund your new charitable company. He will give you an annuity of $2200 per year for nine years. You will receive the first payment two years from today. At a discount rate of 9% what is the present value of this annuity?
-$9165.59
-11000.45
-11901.23
-11990.49
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Investments
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
6th Edition
8120321014, 978-8120321014
