An annuity pays 1000 per year for 12 years inflation is 6


An annuity pays $1000 per year for 12 years. Inflation is 6% per year. The annuity costs $7500 now.

(a) What is the actual dollar internal rate of return?

(b)What is the real internal rate of return?

Request for Solution File

Ask an Expert for Answer!!
Business Management: An annuity pays 1000 per year for 12 years inflation is 6
Reference No:- TGS02171056

Expected delivery within 24 Hours