FInance Homework Problem

SoccerBoss
Category:
Business & Finance
Price: $5 USD

Question description

What is the present value of an annuity of $9,500 starting in 15 months and making quarterly payments for 10 quarters? The bank pays an APR of 8% with semi-annual compounding.

Tutor Answer

(Top Tutor) Daniel C.
(997)
School: UCLA
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