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 ...
- Finance - Calculating Interest Rate. Find the interest rate implied by the ...
- Compound Interest : Future Value and Present Value - Payments of $1800 and $2400...
- Algebra - Show how you substitute the values into the formula, then use your ...
- business math - what are the amount and present value of an annuity of $100 ...
- Compound interest - Hello My teacher skipped over this and I have no clue how to...
- math - Classify the finacial problem. Assume a 7% interest rate compounded ...
- math - Classify the finacial problem. Assume a 7% interest rate compounded ...
- Calculus Please help! - If 7000 dollars is invested in a bank account at an ...

More Related Questions