What is the value now of an annuity that pays $2,000 at the end of each of

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What is the value now of an annuity that pays $2,000 at the end of each of the next 50 years assuming an interest rate is 11% per year?

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Jun 14, 2023 07:47 AM

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What is the value now of an annuity that pays $2,000 at the end of each of

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To calculate the value of an annuity we can use the present value of an ordinary ann... View the full answer

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