Find the present value of an ordinary annuity which has payments of 1700 per year...

50.1K

Verified Solution

Question

Basic Math

image

Find the present value of an ordinary annuity which has payments of 1700 per year for 13 years at 8 compounded annually The present value is Round to the nearest cent PO

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students