Livi327 Livi327

27-09-2018
Business

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You buy an annuity which will pay you $7,800 a year for 15 years. the payments are paid on the first day of each year. what is the value of this annuity today if the discount rate is 12 percent?

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laithalqinneh2002 laithalqinneh2002

27-09-2018

The answer is 117,000

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