Question
What is the present value of an ordinary $800 annuity payment over 15 years if the interest rates are 6 percent (assume annual compounding)? $18,620.78
What is the present value of an ordinary $800 annuity payment over 15 years if the interest rates are 6 percent (assume annual compounding)?
| "$18,620.78 " | ||
| "$7,769.80 " | ||
| "$12,000.00 " | ||
| "$16,820.78 " | ||
| Not possible to compute with the data provided |
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Commodity Market Trading And Investment
Authors: Tom James
1st Edition
1137432802, 978-1137432803
