Question :
A six-year annuity of $8500 quarterly payments will begin 9 : 148570
A six-year annuity of $8500 quarterly payments will begin 9 years from now. The discount rate is 9%, compounded quarterly.
a) How much is this annuity worth 5 years from now?
b) How much is this annuity worth 2 years from now?
c) How much is this annuity worth today?
Solution
5 (1 Ratings )
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