Compute the present value of an annuity of 750 per year


Compute the present value of an annuity of $ 750 per year for 19 years, given a discount rate of 10 percent per annum. Assume that the first cash flow will occur one year from today (that is, at t = 1).(Round your answer to 2 decimal places; record your answer without commas and without a dollar sign).

Solution Preview :

Prepared by a verified Expert
Finance Basics: Compute the present value of an annuity of 750 per year
Reference No:- TGS01495632

Now Priced at $10 (50% Discount)

Recommended (90%)

Rated (4.3/5)