Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

Fenetre135

  • 3 years ago

lJuan has an annuity that pays him $9400 at the beginning of each year. Assume the economy will grow at a rate of 3.4% annually. What is the value of the annuity if he received it now instead of over a period of 10 years? $113,498.88 $109,766.81 $81,243.05 $78,571.61

  • This Question is Closed

    Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy