How much is this annuity worth today? It will payout $630 each quarter for 30 years. Your

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How much is this annuity worth today? It will payout $630 each quarter for 30 years. Your desired annual interest return is 4.8 %. (Don't forget to adjust the interest rate for quarterly, in addition to the time period.)

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Microeconomics

ISBN: 978-0132857123

8th edition

Authors: Robert Pindyck, Daniel Rubinfeld

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Posted Date: May 23, 2023 04:56 AM

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How much is this annuity worth today? It will payout $630 each quarter for 30 years. Your

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Solution 1 PV of annuity for making pthly payment P PMT x 11rn i Where P the present va... View the full answer

Microeconomics

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