What amount must be set aside now to generate payments of $40,000 at the beginning of...

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What amount must be set aside now to generate payments of $40,000 at the beginning of each year for the next 10 years if mone

Suppose an annuity will pay $14,000 at the beginning of each year for the next years. How much money is needed to start this

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Answer 1

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Pme IF VAE $4.0000 1 t=10 yi P = ? x- 5.89%. [citot FVA= ४ 10 40000 000 (i+ 0.0589) 10 Р [ C * 0.058.9 Ų0000 p - 13.11 = $ 30 let the amount require to start the annuity be & n n 14000+ 14000*+14000tk + 1400063 + 140007 + 1600045 +14,000 to +1400047

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Answer 2

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