Question
What is the present value of a 8-year annuity of $3,500 per year that has payments made at the beginning of each year? The interest
What is the present value of a 8-year annuity of $3,500 per year that has payments made at the beginning of each year? The interest rate is 11 percent. (Enter your answer as a positive number rounded to 2 decimal places. )
What is Present Value?
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Financial Accounting For Management
Authors: Paresh Shah
2nd Edition
0198077033, 978-0198077039
