will6747 will6747
  • 11-01-2022
  • Business
contestada

What is the present value of a series of payments received each year forever, starting with $1,000 paid one year from now and the payment growing in each subsequent year by 6%

Respuesta :

kianahackley
kianahackley kianahackley
  • 18-01-2022

Answer:

Calculate PV of a 10-year annuity discounted at 6% interest rate; PV = $11,040.13.

Explanation:

Answer Link

Otras preguntas

2014 numbers are placed along the circumference of a circle. When any 5 successive numbers are added, the total is always 40. What are these 2014 numbers? Find
Evaluate the expression when x = -2.5 1. -x 2. |x| + 3 3. |x| - 4 Help me please!!? D;
During football game, Kevin gained five yards on the first play. Then he lost seven yards on the second play. How many yards does Kevin need on the next play to
The position of a place north or south of the equator is measured in ?
can anyone help me with this problem ?
Sixty miles per hour is how many feet per second
Simplify the expression: In(e^5x).
Evaluate the expression when x = -2.5 1. -x 2. |x| + 3 3. |x| - 4 Help me please!!? D;
What does W = too Please help
List three examples of a primary economic activity?