Question
You deposit 304 dollars in an account every year for 9 years that earns 7 percent annual interest. What is the present value of your
You deposit 304 dollars in an account every year for 9 years that earns 7 percent annual interest. What is the present value of your deposits today (the present value of the annuity at time 0)? (your first deposit will be exactly 1 year from now and your last deposit will be 9 years from now)
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Forecasting Principles And Practice
Authors: Rob J Hyndman, George Athanasopoulos
3rd Edition
0987507133, 978-0987507136
