Suppose the interest rate is 9.7 APR with monthly compounding. What is the present value of an annuity that pays $95 eve
Posted: Fri Jul 01, 2022 7:41 am
Suppose the interest rate is 9.7 APR with monthly compounding.What is the present value of an annuity that pays $95 every 3months for years? (Note: Be careful not to round any intermediatesteps less than six decimal places.) The present value of theannuity is $ "?