Question: please solve this questions using excel (I,N,PMT,PV,FV) - How much you need for an ordinary annuity of $3,000 paid every six months for 13 years

please solve this questions using excel (I,N,PMT,PV,FV)

- How much you need for an ordinary annuity of $3,000 paid every six months for 13 years if you could invest your money elsewhere at an interest rate of 8% compounded semi-annually?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!