Question
What is the present value today of an ordinary annuity cash flow of$4,000 per year for thirty years at an interest rate of6.0% per year
What is the present value today of an ordinary annuity cash flow of$4,000 per year for thirty years at an interest rate of6.0% per year if the first cash flow is six years fromtoday?
I don't know how to calculate this and result is 41,143.53
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Financial and Management Accounting
Authors: Pauline Weetman
7th edition
1292086599, 978-1292086590
