Answer to Question #257586 in Financial Math for zhidan

Question #257586
Determine the present value of an ordinary annuity paid annually for 25 years if payments are 1.200$ per year for the first 7 years, 5.500$ for the following 8 years and 2.500$ in the final 10 years. Interest is j12 = 6% throughout the entire period.
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2021-10-28T19:04:01-0400

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