Title: Johnson has an annuity due that pays $600 per year for 15 years. (Note: There are 15 annual cash ... Post by: stranahan on Nov 20, 2016 Johnson has an annuity due that pays $600 per year for 15 years. (Note: There are 15 annual cash flows with the first cash flow occurring today.) What is the value of the cash flows 14 years from today (immediately after the last deposit is made) if they are placed in an account that earns 7.50%?
A) $9,675.00 B) $15,671.02 C) $16,846.35 D) $9,000.00 Title: Re: Johnson has an annuity due that pays $600 per year for 15 years. (Note: There are 15 annual cash ... Post by: waspchichester on Nov 20, 2016 Content hidden
Title: Re: Johnson has an annuity due that pays $600 per year for 15 years. (Note: There are 15 annual cash ... Post by: stranahan on Jan 6, 2017 Thanks ^-^
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