Mrs. Crawford will receive $6,500 a year for the subsequent 14 years from her trust. If an 8 percent interest rate i

Mrs. Crawford will receive $6,500 a year for the subsequent 14 years from her trust. If an 8 percent interest rate is applied, what is the current importance of the adjectives payments?

Answers:
PV = [[1 - (1 + i)^-n] / i] * PMT

Plug within the numbers.
Go buy a financial calculator(~$30).
That's what we used in college to digit these things out.

And stop asking society for homework answers

  • What is the managing product &portfolio challanges?
  • Capital gain rates, are at hand any loopholes?
  • I would resembling to start a hoard plan near mutual funds. How do I start?
  • UK simply. Are you allow to use ISA fund holdings as a collateral in a secured loan or mortgage?
  • What is the implication of ICICI?