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View Full Version : What is the formula


hans01
Sep 2, 2007, 05:22 PM
Hello
What would you pay for an annuity of $2,000 paid every six months,beginning in 6 months, for 12years if you could invest your money elsewhere at 10% compounded semiannually? How would this change if those payments began immediately?

merletweb
Sep 2, 2007, 07:17 PM
Google is your friend - ANNUITY CALCULATOR (http://www.1728.com/annuity.htm)