What is the present value of $7,000 paid at the end of each of the next 95 years if the interest rate is 7% per year? Th

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

What is the present value of $7,000 paid at the end of each of the next 95 years if the interest rate is 7% per year? Th

Post by answerhappygod »

What is the present value of $7,000 paid at the end of each of
the next 95 years if the interest rate is 7% per year?
The present value is___?
Also can you show how to get the answer using a financial
calculator, thanks
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”