What is the present value of the following annuity? $982 every quarter year at the end...
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What is the present value of the following annuity? $982 every quarter year at the end of the quarter for the next 15 years, discounted back to the present at 12.74 percent per year, compounded quarterly? What is the present value of the following annuity? $982 every quarter year at the end of the quarter for the next 15 years, discounted back to the present at 12.74 percent per year, compounded quarterly?
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To calculate the present value of the annuity we can use the formula for the present value of an ord... View the full answer
Related Book For
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
Posted Date:
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