
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
النسخة 7الرقم المعياري الدولي: 978-1285448596
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
النسخة 7الرقم المعياري الدولي: 978-1285448596 تمرين 61
Present value of an annuity due
As part of an inheritance, Joan Townsend will receive an annuity of $1,500 at the end of each month for the next 6 years. What is the present value of this inheritance at a rate of 2.4% interest compounded monthly?
As part of an inheritance, Joan Townsend will receive an annuity of $1,500 at the end of each month for the next 6 years. What is the present value of this inheritance at a rate of 2.4% interest compounded monthly?
التوضيح
To calculate the present value of an ord...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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