Find the present value of a ordinary annuity, Finance Basics

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Find the present value of a ordinary annuity

Find the present value of a 4-year ordinary annuity with annual payments of $160 evaluated at a 10 percent interest rate.

You invest $1,000 today and you can earn 7% annual interest rate. How much money will you have 8 years later if (1) simple interest is used (2) compound interest is used?

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Finance Basics: Find the present value of a ordinary annuity

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Finance Basics: Find the present value of a ordinary annuity

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Recent Questions Asked Finance Basics

Q : Essential elements of long term debt

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Finance Basics: Find the present value of a ordinary annuity

Reference No:- TGS054554

Recent Questions Asked Finance Basics

Q : Essential elements of long term debt

Q : What is the corporation''s recognized loss in 2011

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Q : Literary analysis/interpretation of george orwell novel

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