Question
What is the present value of an ordinary $900 annuity payment over 16 years if the interest rates are 7 percent (assume annual compounding)? $27,092.50
What is the present value of an ordinary $900 annuity payment over 16 years if the interest rates are 7 percent (assume annual compounding)? "$27,092.50 " "$25,099.25 " "$8,501.98 " "$14,400.00 " Not possible to compute with the data provided
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Contemporary Issues In Quantitative Finance
Authors: Ahmet Can Inci
1st Edition
1032101121, 978-1032101125
