Find present value of annuity if discount rate is given


Dynamo Corp. is expecting annual payments of $34,225 for the next seven years from a customer. What is the present value of this annuity if the discount rate is 8.5 percent?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Find present value of annuity if discount rate is given
Reference No:- TGS0673962

Now Priced at $5 (50% Discount)

Recommended (90%)

Rated (4.3/5)