8. Deposits of 100 are placed into a fund at the end of each year for 20 years with the first deposit occurring at t = 5

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

8. Deposits of 100 are placed into a fund at the end of each year for 20 years with the first deposit occurring at t = 5

Post by answerhappygod »

8 Deposits Of 100 Are Placed Into A Fund At The End Of Each Year For 20 Years With The First Deposit Occurring At T 5 1
8 Deposits Of 100 Are Placed Into A Fund At The End Of Each Year For 20 Years With The First Deposit Occurring At T 5 1 (16.8 KiB) Viewed 28 times
solve on paper please
8. Deposits of 100 are placed into a fund at the end of each year for 20 years with the first deposit occurring at t = 5. The effective annual interest rate is 6%. Calculate the present value of the series of payments.
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”