Monday
September 1, 2014

Homework Help: Finance

Posted by john on Monday, February 6, 2012 at 11:30am.

What is the present value (or purchase price) of an annuity product which will pay you $2,000 at the end of each year for the next 15 years? Use an interest rate of 9%.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

math - find the present value of ordinary annuity payments of 890 each year for ...
Finance - An investment will provide Nicholas with $100 at the end of each year ...
Finance - Need help finding a formula for: Question: Suppose a bank offers you ...
finance - You have won a contest that will pay you $10,000 a year at the end of ...
finance please help - 1. Calculate the present value of an investment given the...
Finance Homework/ Have 2nd Part Need Calculate1st - An investment will pay $100 ...
Finance - Mark has won a contest in which he will receive $10,000 at the end of ...
Math - Find the present value of the annuity necessary to fund the withdrawal of...
Math - Find the present value of the annuity necessary to fund the withdrawal of...
business math - If Naomi decides that she will invest $3,000 per year in a 6% ...

Search
Members