What is the present value of the same annuity due


If the present value of an ordinary, 20 year annuity is $5,000 and interest rates are 4%, what is the present value of the same annuity due?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: What is the present value of the same annuity due
Reference No:- TGS0728707

Expected delivery within 24 Hours