What is the value today of a 15-year annuity that pays 600
What is the value today of a 15-year annuity that pays $600 a year? The annuity’s first payment occurs six years from today. The annual interest rate is 11 percent for Years 1 through 5, and 13 percent thereafter.
Present value $________
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what is the value today of a 15-year annuity that pays 600 a year the annuityrsquos first payment occurs six years from
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