Post a New Question
posted by Tiffany on Sunday, October 17, 2010 at 10:08am.
what is the present value of 1000 paid at the end of each of the next 100 years if the interest rate is 7% per year
PV = 1000(1 - 1.07^-100)/.07 = .... (you do the button-pushing)
More Related Questions