What is the present value of the following annuity 3061


What is the present value of the following annuity? 3061 every year at the end of the year for the next seven years discounted back to the present at 10.43% per year compounded annually?

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the present value of the following annuity 3061
Reference No:- TGS02338396

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)