asked 54.9k views
4 votes
Compute the present value of an ordinary annuity that pays​ $13,000 per year for 15 years at​ 10%.

Present value of ordinary annuity of​ $1:
​7%
​8%
​9%
​10%
​12%
11
7.499
7.139
6.805
6.495
5.938
12
7.943
7.536
7.161
6.814
6.194
13
8.358
7.904
7.487
7.103
6.424
14
8.745
8.244
7.786
7.367
6.628
15
9.108
8.559
8.061
7.606
6.811

asked
User Patrine
by
7.7k points

1 Answer

4 votes

Answer:1184%

Step-by-step explanation:

answered
User BenevolentDeity
by
8.7k points
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