What is the present value of an ordinary annuity


What is the Present Value of an ordinary annuity with five annual payments of $3,000 each if the appropriate interest rate is 4.00%?

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the present value of an ordinary annuity
Reference No:- TGS0551606

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)