What is the PV of a 20-year annuity of $200, when its first payment is in one

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What is the PV of a 20-year annuity of $200, when its first payment is in one year? (for a rate of 5% AND 10%)

What is the PV of a 20-year annuity of $200, when its first payment is NOW? (for a rate of 5% and 10%)

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Apr 24, 2024 01:48 PM

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What is the PV of a 20-year annuity of $200, when its first payment is in one

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To calculate the present value PV of an annuity you can use the formula PV C 1 1 ... View the full answer

Principles of Finance

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