Find the present value of the ordinary annuity:
-Payments of $ 65 made quarterly for 10 years at 8% compounded quarterly
A) $ 1789.81
B) $ 638.18
C) $ 1748.67
D) $ 1778.11
Correct Answer:
Verified
Q45: Find the rate of interest required to
Q46: Find the rate of interest required to
Q47: Find the rate of interest required to
Q48: Solve for the missing value. Round to
Q49: Solve for the missing value. Round to
Q51: Find the payment necessary to amortize the
Q52: Find the payment necessary to amortize the
Q53: The monthly payments on a $73,000 loan
Q54: The monthly payments on a $79,000 loan
Q55: Use an amortization table to solve the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents