An annuity will give you 22 payments of $700 with the first payment in 15 years from now What should the annuity cost today if the interest rate is 10 An annuity will give you 22 payments of $700 with the first payment in 15 years from now What should the annuity cost today if the interest rate is...

for annual compounding we use ...

An annuity will give you 22 payments of $700 with the first payment in 15 years...

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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 28, 2023 01:59 AM

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