Which business function is responsible for determining the overall strategy and direction of the company money? A. accounting B.
2 answers:
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Answer:
c = 2164.16
Explanation:
GIVEN DATA:
Cash Flow= 25000
Interest rate= 10%
Total Periods= 80 - 60= 20 years
PV Ordinary Annuity
Annuity to be paid from 35 age to 60 age for amount of 212839.09
No of Periods = 60 - 35 = 25 years
Future Value = 212839.09
Interest rate = 10%
FV Ordinary Annuity
c = 2164.16