Log in

View Full Version : Finance, annuity amount


jackel4849
Oct 17, 2009, 06:10 PM
A 10-year annual annuity due with the first payment occurring at t=7 has a present value of $50,000 today. If the discount rate is 13% per year, what is the annuity amount?

morgaine300
Oct 17, 2009, 07:30 PM
Please see the guidelines for posting homework:
Ask Me Help Desk - Announcements in Forum : Homework Help (https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html)