Posted by **Don** on Monday, July 14, 2008 at 11:11am.

The present value P that will amount to A dollars in n years with interest compounded annually at annual interest rate r, is given by P = A (1 + r) -^n. Find the present value that will amount to $50,000 in 20 years at 8% compounded annually.

## Answer This Question

## Related Questions

- math - find the present value of ordinary annuity payments of 890 each year for ...
- Fins nance business - 1. Find the future value of current $1,000 5 year from now...
- Finance - Calculating Interest Rate. Find the interest rate implied by the ...
- business math - what are the amount and present value of an annuity of $100 ...
- jill - ***Solve exercise using present value principal -1500 term of invesment...
- MATH - Use the following time value of money tables to answer the following ...
- math - Interest is calculated with the following formula I=Prt What is the ...
- math - Classify the finacial problem. Assume a 7% interest rate compounded ...
- math - Classify the finacial problem. Assume a 7% interest rate compounded ...
- Compound Interest : Future Value and Present Value - Payments of $1800 and $2400...

More Related Questions