Arpitha lined up the interior angles of the triangle along the line below. Triangle A B C. Angle C is 99 degrees. 2 lines extend
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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:
Here:
P = $50,000
n = represents the number of number of periods
r = 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
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