You make annuity payments of $25,000 per year for the next 11 years. If you earn 6.67% return, how much is this annuity worth at the end of 11 years from today? 793,098 190,587 387,757 O 50,863
You make annuity payments of $25,000 per year for the next 11 years. If you earn 6.67% return, how much is this annuity worth at the end of 11 years from today? 793,098 190,587 387,757 O 50,863
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 11E
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![You make annuity payments of $25,000 per year for the next 11 years. If you earn
6.67% return, how much is this annuity worth at the end of 11 years from today?
793,098
190,587
387,757
O 50,863](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc790c56e-6040-4fac-977f-3f8f6b1c52b4%2Fb8c8b949-dae2-4d01-b1fd-652e87ca68b9%2Fv6mwvl_processed.png&w=3840&q=75)
Transcribed Image Text:You make annuity payments of $25,000 per year for the next 11 years. If you earn
6.67% return, how much is this annuity worth at the end of 11 years from today?
793,098
190,587
387,757
O 50,863
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