Lecture Notes on Time Value of Money - Sacramento State

Problem. What is the present value of an annuity due of five $800 annual payments discounted at 10%? 800 x (1.10)xPVIVA10%,5 = 800 x(1.10)x 3.79079 x = 800 x 4.16987 = $3,335.9. Note: Financial … ................
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