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d1i1m1o1n [39]
3 years ago
10

PLEASE HELPP BRANLIEST AND MEDAL PLSSS

Mathematics
1 answer:
Fudgin [204]3 years ago
8 0
56. and 1.6^4



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Step-by-step explanation:

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4. If your company purchases an annuity that will pay $50,000/year for 10 years at a 11% discount rate, what is the value of the
julsineya [31]

Answer:

The value of the annuity is $326,852.3766.

Step-by-step explanation:

Here is the required formula to find the present value of annuity:

We can find the present value of annuity:

PV = P + P (\frac{1-(1+r)^{-(n-1)} }{r})

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PV = 50,000 + 50,5000 (\frac{1-(1+0.11)^{-(10-1)} }{0.11})

PV = $326,852.3766

The value of the annuity is $326,852.3766 i.e. PV = $326,852.3766.

Keywords: discount rate,  present value of annuity

Learn more about present value of annuity from brainly.com/question/13218793

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