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altvixon
Apr 26, 2009, 07:06 PM
If a business is sold for1,000,000.00 cash or for $100,000.00 plus $125,000.00 at the of the end of each year for 9 years. A) what is the present percent value of the annuity that is offered is worth 10% annually B) If 1,000,000.00 is spend 125,000 of it and invests 9-year annuity at 10% compounded annually, what is the size annuity payment will be received at the end of each year