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Other Fields Homework Help Business Topic started by: Potvin on Jan 13, 2017



Title: Assume you are to receive a 20-year annuity with annual payments of $50. The first payment will be ...
Post by: Potvin on Jan 13, 2017
Assume you are to receive a 20-year annuity with annual payments of $50. The first payment will be received at the end of Year 1, and the last payment will be received at the end of Year 20. You will invest each payment in an account that pays 10%. What will be the value in your account at the end of Year 30?
A) $6,354.81   
B) $7,427.83   
C) $7,922.33   
D) $8,591.00   
E) $6,752.46


Title: Re: Assume you are to receive a 20-year annuity with annual payments of $50. The first payment will ...
Post by: Blimp on Jan 17, 2017
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Title: Re: Assume you are to receive a 20-year annuity with annual payments of $50. The first payment will be ...
Post by: Potvin on Mar 24, 2017
:D wow