What is the value of an annuity that will pay you $5,000 each year for 30 years at a discount rate of 6%? What is the value of the annuity if you use a 12% dis- count rate?
Management How much is the following Annuity worth? 1. $5,000 EACH YEAR DISCOUNTED 3 years at 10%? 2. $5,000 EACH YEAR DISCOUNTED 3 years at 7%? 3. $10,000 EACH YEAR DISCOUNTED 2 years at 12%? 4. $10,000 EACH YEAR DISCOUNTED 2 years at 9%? 5. $3,000 EACH YEAR DISCOUNTED 7 years at 12%? 6. $3,000 […]