What is the present value of an annuity that pays ten annual cash flows of $3,000 each, beginning in 5 years? Assume tha

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 an annuity that pays ten annual cash flows of $3,000 each, beginning in 5 years? Assume tha

Post by answerhappygod »

What is the present value of an annuity that pays ten annual
cash flows of $3,000 each, beginning in 5 years? Assume that the
appropriate discount rate is 8%.
(show all steps and calculations)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply