Use Excel to construct your own set of annuity tables showing the annuity factor for a selection
Question:
Use Excel to construct your own set of annuity tables showing the annuity factor for a selection of interest rates and years.
An annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,...
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Annuity Table Present value of 1 per year for each of t years Interest Rate per Year Number of Years 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 1 0990099 098...View the full answer
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Related Book For 
Principles of Corporate Finance
ISBN: 978-0077404895
10th Edition
Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen
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