Question: If you know the present value, the recurring payment amount, and length of the annuity, you can calculate the __________by using a present value of
If you know the present value, the recurring payment amount, and length of the annuity, you can calculate the __________by using a present value of an ordinary annuity factor. Select one: a. discount b. interest rate c. Present Value d. Future value
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
