Mathematics, 09.06.2020 22:57 youngalien
II. Find the present value of $10,000 received at the start of every year for 20 years if the interest rate is J1 = 12% p. A. And if the first payment of $10,000 is received at the end of 10 years
Answers: 2
![PVOA=payment*\frac{[1-(1+r)^{-n}]/r}{(1+r)^{t-1}}](/tpl/images/0681/1432/8a015.png)
![PVOA=10000*\frac{[1-(1+0.12)^{-20}]/ 0.12}{(1+0.12)^{10-1}}](/tpl/images/0681/1432/c582e.png)
= $26934.56
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II. Find the present value of $10,000 received at the start of every year for 20 years if the intere...
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