Suppose you are going to receive $24,000 per year for 7 years. The appropriate interest rate is 9 percent.
What is the present value of the payments if they are in the form of an ordinary annuity?
What is the present value if the payments are an annuity due?
Suppose you plan to invest the payments for 7 years, what is the future value if the payments are an ordinary annuity?
Suppose you plan to invest the payments for 7 years, what is the future value if the payments are an annuity due?
Suppose you are going to receive $24,000 per year for 7 years. The appropriate interest rate is 9 percent.
What is the present value of the payments if they are in the form of an ordinary annuity?
What is the present value if the payments are an annuity due?
Suppose you plan to invest the payments for 7 years, what is the future value if the payments are an ordinary annuity?
Suppose you plan to invest the payments for 7 years, what is the future value if the payments are an annuity due?
Related questions
| A 20-year annuity pays $1,950 per month, and payments are made at the end of each month. If the interest rate is 11 percent compounded monthly for the first ten years, and 7 percent compounded monthly thereafter, what is the present value of the annuity? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
