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October 20, 2014

October 20, 2014

Posted by **Lance** on Monday, October 26, 2009 at 9:44pm.

10000 = 2500(1.0425)^3 + X(1.0425)^2 + 3500(1.0425)^1

- Finance -
**Lance**, Monday, October 26, 2009 at 10:12pmwhat is the present value of annuity of $950 per year for 18 years ( with the first payment to be made today and the last payment to be made 17 years from today) give an interest rate of 7.5% p.a?

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