Question: How much would you pay today for this annuity? It will payout $660 each quarter for 30 years. Your desired annual interest return is 5.1
| How much would you pay today for this annuity? It will payout $660 each quarter for 30 years. Your desired annual interest return is 5.1 %. (Don't forget to adjust the interest rate for quarterly, in addition to the time period.) | ||||||||||
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