Asked by susie
what is the value of a $50,000 10 year annuity given a 20% rate of return today?
Answers
Answered by
Reiny
Present Value = 50000(1 - 1.2^-10)/.2
= 209623.60
WoW!!!
20% return on annuity investment?
Quickly tell me where !!
= 209623.60
WoW!!!
20% return on annuity investment?
Quickly tell me where !!
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