An annuity has an income of 2 0 0 per year for 1 0 years at an

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Question:

An annuity has an income of

200

per year for

10

years at an interest rate of

10 %

what is the present value.

Related Book For answer-question

Fundamentals Of Financial Management

ISBN: 9781111795207

11th Edition

Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston

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Posted Date: Mar 19, 2024 07:11 AM

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An annuity has an income of 2 0 0 per year for 1 0 years at an

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To calculate the present value of the annuity we can use ... View the full answer

Fundamentals Of Financial Management

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