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What is the PV of an annuity due with 5 payments of $7,900 at an interest...

Question:


What is the PV of an annuity due with 5 payments of $7,900 at an interest rate of 5.5%?
What is the PV of an annuity due with 5 payments of $7,900 at an interest rate of 5.5%?

Answers

It is given that the annuity is $7900 with 5 payment at an interest rate of 5.5% Find the PV. P-A *(1+) (1+i) Pel (1 Here,

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