Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. what is the present value of the following annuity

What is the present value of the following annuity? $2,478 every quarter year at the...

70.2K

Verified Solution

Question

Finance

What is the present value of the following annuity? $2,478 every quarter year at the end of the quarter for the next 14 years, discounted back to the present at 3.93 percent per year, compounded quarterly?

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

Statistics
1.2K views

The boxplot below shows salaries for Actuaries and CPAs CPA Actuary H 20 30 40...

Basic Math
1.2K views

Overproduction of uric acid in the body can be an indication of cell breakdown. This may...

Finance
1.2K views

Armand Company projects the following sales for the first three months of the year: $10,600 in...

Biology
1.2K views

TEST IT From Atoms to Biosphere Organisms called archaea produce methane gas from atoms of...

Basic Math
1.2K views

Let M = R be consider M as an R-module. Let X?=(2, 0, 0), x?...

Statistics
1.2K views

Identify the following data set the rates at which all of the cashiers scan products...

Algebra
1.2K views

Evaluate the algebraic expression for the given valu x 5x 4 for x 6 When...

Algebra
1.2K views

X cises 27 30 th determine whether the function is even odd or neither See...

Accounting
1.2K views

please solve thank you Question 45 The vice-president of sales...

Accounting
1.2K views

Questions to Answer: PROFITABILITY 2022 2021 2020 2019 Return on Total Assets (ROA)...

Accounting
1.2K views

Henrich is a single taxpayer. In 2020, his taxable income is $454,500. What is his...

Accounting
1.2K views

Vaughn Company's inventory records show the following data: Inventory January 1st 9900 units at...