Question
You have a $50,000 twenty year growing annuity earning 8 percent interest compounded annually. Calculate its present value if this annuity has a 2.2 percent
You have a $50,000 twenty year growing annuity earning 8 percent interest compounded annually. Calculate its present value if this annuity has a 2.2 percent growth rate. Points: 1
$425,745
$567,661
$576,254
$670,843
$772,176
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Intermediate Accounting
Authors: Loren A. Nikolai, John D. Bazley, Jefferson P. Jones
11th edition
978-0538467087, 9781111781262, 538467088, 1111781265, 978-0324659139
