What is the present value of these payments


You have won a lottery and will recieve payments of $69,000 a year, forever. what is the present value of these payments if the first payment will be made in 1 year and interest rates are 14%?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: What is the present value of these payments
Reference No:- TGS0725238

Expected delivery within 24 Hours