Answered: Find the present value of the ordinary…

Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of Deposit m Frequency n Rate r Time t $400 quarterly 10% 20 yr

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications

Section: Chapter Questions

Problem 20E

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Find the present value of the ordinary annuity. (Round your answer to the nearest cent.)

Amount of Deposit m	Frequency n	Rate r	Time t
$400	quarterly	10%	20 yr

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