Question: Please include all the details and how to solve Present Value of an Annuity Payment 100 Interest Rate 8% Number of Payments Present Value Hint:
Please include all the details and how to solve
Present Value of an Annuity Payment 100 Interest Rate 8% Number of Payments Present Value Hint: Use PV function. To be consisent with our lecture notes, make the final answer positive. So imagine that the payment $100 is cash outflow. Key: The payment 100 is cash outflow
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