Question
What is the present value of an annuity of $6,300 per year, with the first cash flow received three years from today and the last
What is the present value of an annuity of $6,300 per year, with the first cash flow received three years from today and the last one received 25 years from today? Use a discount rate of 7 percent.
Can you show me how to do this on the financial calculator? The correct answer is 62,027.06 I just need to know how to arrive at that answer.
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The Wealthtech Book The FinTech Handbook For Investors Entrepreneurs And Finance Visionaries
Authors: Susanne Chishti, Thomas Puschmann
1st Edition
1119362156, 978-1119362159
