If P 10,000 is deposited each year for 9 years, how much annuity can a person get
Fantastic news! We've Found the answer you've been seeking!
Question:
If P 10,000 is deposited each year for 9 years, how much annuity can a person get annually from the bank every year for 8 years starting 1 year after the 9th deposit is made. Cost of money is 14%.
Related Book For
Engineering Economy
ISBN: 978-0133439274
16th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Posted Date: