Question
You will receive 19 annual payments of $29,500. The first payment will be received 4 years from today and the interest rate is 5.8 percent.
You will receive 19 annual payments of $29,500. The first payment will be received 4 years from today and the interest rate is 5.8 percent. What is the value of the payments today?
Multiple Choice
$369,553.82
$282,341.40
$266,863.32
$291,752.78
$266,655.76
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Extinction Governance Finance And Accounting
Authors: Jill Atkins, Martina Macpherson
1st Edition
0367492989, 978-0367492984
