Suppose you are going to receive $13,200 per year for six years.The appropriate interest rate is 8.1 percent. What is the present value of the payments if they are in theform of an ordinary annuity? (Do not roundintermediate calculations and round your a
Suppose you are going to receive $13,200 per year for six years.The appropriate interest rate is 8.1 percent. |
What is the present value of the payments if they are in theform of an ordinary annuity?(Do not roundintermediate calculations and round your answer to 2 decimalplaces, e.g., 32.16.) |
What is the present value if the payments are an annuitydue?(Do not round intermediate calculations and roundyour answer to 2 decimal places, e.g., 32.16.) |
Suppose you plan to invest the payments for six years. What isthe future value if the payments are an ordinaryannuity?(Do not round intermediate calculations andround your answer to 2 decimal places, e.g., 32.16.) |
Suppose you plan to invest the payments for six years. What isthe future value if the payments are an annuitydue?(Do not round intermediate calculations and roundyour answer to 2 decimal places, e.g., 32.16.) |
