Complete present value of an ordinary annuity:
$$\begin{array} { | l | l | l | l | l | }
\hline \begin{array} { l }
\text { Amount of } \
\text { Annuity Expected }
\end{array} & \text { Payment } & & \text { Interest Rate } & \
& \text { Payable } & \text { Years } & \text { Earned } & \text { Present Value } \
\hline \$ 16,000 & \text { Quarterly } & 2 & 12 \% & ? \
\hline
\end{array}$$

Question

Complete present value of an ordinary annuity:
 $$\begin{array} { | l | l | l | l | l | } 
\hline \begin{array} { l } 
\text { Amount of } \
\text { Annuity Expected }
\end{array} & \text { Payment } & & \text { Interest Rate } & \
& \text { Payable } & \text { Years } & \text { Earned } & \text { Present Value } \
\hline \$ 16,000 & \text { Quarterly } & 2 & 12 \% & ? \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Complete present value of an ordinary annuity:
 $$\begin{array} { | l | l | l | l | l | } 
\hline \begin{array} { l } 
\text { Amount of } \
\text { Annuity Expected }
\end{array} & \text { Payment } & & \text { Interest Rate } & \
& \text { Payable } & \text { Years } & \text { Earned } & \text { Present Value } \
\hline \$ 16,000 & \text { Quarterly } & 2 & 12 \% & ? \
\hline
\end{array}$$

Complete Present Value of an Ordinary Annuity