Question: I need help with getting the correct answer by explaining, please. An ordinary annuity has a present value of $25,000 when discounted at a rate
I need help with getting the correct answer by
explaining, please.
An ordinary annuity has a present value of $25,000 when discounted at a rate of 7.2%. What would be the difference in value if this were an annuity due? Answer Format: Enter your answer as a number rounded to 2 decimal places. An answer of 23.456 would be entered as 23.46. An ordinary annuity has a present value of $25,000 when discounted at a rate of 7.2%. What would be the difference in value if this were an annuity due? Answer Format: Enter your answer as a number rounded to 2 decimal places. An answer of 23.456 would be entered as 23.46
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