What are the most efficient ways to calculate the present value of an ordinary annuity? What is

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What are the most efficient ways to calculate the present value of an ordinary annuity? What is the relationship between the PVIF and PVIFA interest factors?

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Principles of managerial finance

ISBN: 978-0132479547

12th edition

Authors: Lawrence J Gitman, Chad J Zutter

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Question Posted: Jan 16, 2013 03:24 AM

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The present value of an ordinary annuity of $2,350 each year for eight years, assuming an opportunity cost of 11 percent, is ________. A) $ 1,020 B) $27,869 C) $18,800 D) $12,093
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What are the most efficient ways to calculate the present value of an ordinary annuity? What is

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The PV of an ordinary annuity PVA n can be determined using the formula PVA n PMT PVIFA in Where PMT ...View the full answer

Principles of managerial finance

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