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You are given the following information regarding a Present Value of an Annuity. The annual cash flow will be 2000 for 9 years. Your Present
You are given the following information regarding a Present Value of an Annuity. The annual cash flow
will be 2000 for 9 years. Your Present Value is 18,000. YOU DO NOT KNOW THE RATE OF RETURN.
SET UP THE FORMULA FOR THE MISSING COMPONENT OR FACTOR. PUT AN ARROW NEXT TO THE FACTOR THAT YOU ARE SOLVING FOR. YOU DONT NEED TO SOLVE THE EQUATION.
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