you inherited an annuity that will pay you $900 per year for 18 years, with the...

you inherited an annuity that will pay you $900 per year for 18 years, with the first payment being made today. would you sell it today if you were offered a price of $11,000 for it? assume interesr rate is 5%

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As nothing was mentioned excel is used. If you need with formula, let me know, will do that also. Thank you.

jeff jeffy answered 1 year ago

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