What is the present value of an annuity of 6200 per year


Can someone help in solving this problem?

What is the present value of an annuity of $6,200 per year, with the first cash flow received three years from today and the last one received 25 years from today? Use a discount rate of 8 percent.

Solution Preview :

Prepared by a verified Expert
Business Management: What is the present value of an annuity of 6200 per year
Reference No:- TGS02452909

Now Priced at $10 (50% Discount)

Recommended (97%)

Rated (4.9/5)