Alice will receive CPP of $7,533 which is indexed and an annuity of $15,000 which is not indexed. She uses a 7% discount rate when inflation is 3% and expects to live for 27 years in retirement. What is the present value at retirement of Alice's annuity income?

Answer rating: 100% (QA)

To calculate the present value of Alices annuity income at retirement we can use th... View the full answer