Question
What would be the present value of a $9,799 annuity for which the first payment will be made beginning one year from now, payments will
What would be the present value of a $9,799 annuity for which the first payment will be made beginning one year from now, payments will last for 27 years, and the annual interest rate is 9 percent? (Round answer to 0 decimal places.)
| Present value | $Type your answer here |
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The Bank Credit Analysis Handbook
Authors: Jonathan Golin, Philippe Delhaise
2nd Edition
0470821574, 978-0470821572
