Question

Interest rates are currently 10%. Calculate the present value of an investment that pays $1,200 a...

Interest rates are currently 10%. Calculate the present value of an investment that pays $1,200 a year forever with the first payment starting exactly 5 years from today.

7,451.06

8,196.16

8,210.10

9,025.45

12,000.00

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Answer #1

1200 1200 1200 1 2 3 4 5 6 Present value at time=4) Annuity & Re=10 Re Annuity = 1200 = 1200 10 = 12000 Prosent value at (ti

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