Home / Expert Answers / Finance / a-5-year-ordinary-annuity-has-a-presentvalue-of-rs-1-000-if-the-interest-rate-is-8per-cent-the-am-pa503

(Solved): A 5-year ordinary annuity has a presentvalue of Rs. 1,000. If the interest rate is 8per cent, the am ...



A 5-year ordinary annuity has a presentvalue of Rs. 1,000. If the interest rate is 8per cent, the amount of each annuitypayment is closest to which of thefollowing?



We have an Answer from Expert

View Expert Answer

Expert Answer


We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe