SOLVED:Annuity Values. a. What is the present value of a 3 -year annuity of 100 if the discount rate is 8 percent? b. What is the present value of the annuity in (a) if you have to wait 2 years instead of 1 year for the payment stream to start?
SOLVED:Annuity Values. a. What is the present value of a 3 -year annuity of 100 if the discount rate is 8 percent? b. What is the present value of the annuity in (a) if you have to wait 2
Annuity Values. a. What is the present value of a 3 -year annuity of 100 if the discount rate is 8 percent? b. What is the present value of the annuity in (a) if you have to wait 2 years instead of 1 year for the payment stream to start?
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