Question: Question 8 5 pts Consider a 50 payment annuity, with payments at Periods 21 through 70. The payment at Period 21 will be $120.00 and
Question 8 5 pts Consider a 50 payment annuity, with payments at Periods 21 through 70. The payment at Period 21 will be $120.00 and all other payments will grow at a rate of 8.0 percent per period. The effective interest rate per period is 14.0 percent, Given this information determine the value of this constant growth annuity when evaluated at Year o. Enter your answerin dollars. rounded to the nearest whole dollar with no punctuation. For example you answer is $15.222:54. enter 15223 MASO 5 pts
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