Question: note** I want a way to solve using an equation and not using an excel sheet An annuity pays $63.92 each period for 4 periods.
note** I want a way to solve using an equation and not using an excel sheet
An annuity pays $63.92 each period for 4 periods. For these cash flows, the appropriate discount rate period is 9.1%. What is the period future value of this annuity ?
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