Question
What is the present value of the following annuity? $4,436 every year at the end of the year for the next 6 years, discounted back
What is the present value of the following annuity? $4,436 every year at the end of the year for the next 6 years, discounted back to the present at 4.36 percent per year, compounded annually? Round the answer to two decimal places.
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The AMA Handbook Of Financial Risk Management
Authors: John J. Hampton
1st Edition
0814417442, 978-0814417447
