What is the present value of annuity

Assignment Help Financial Management

Reference no: EM132074072

An annuity-immediate consists of a first payment of $100, with subsequent payments increased by 10% over the previous one until the 10th payment, after which subsequent payments decreases by 5% over the previous one. If the effective rate of interest is 10% per payment period, what is the present value of this annuity with 20 payments?

Reference no: EM132074072

Questions Cloud

Business options presented in a business case : There are three business options presented in a Business Case - Do nothing, Do the minimum and do something.

Possible drawbacks to holocracy : What do you think are some of the risks or possible drawbacks to "holocracy?"

What was the most recent dividend per share paid on stock : If the company maintains a constant 5 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?

History of the public health issue or disease : Influenza is a virus that can be easily spread from person to person and kills thousands of people each year.

What is the present value of annuity : If the effective rate of interest is 10% per payment period, what is the present value of this annuity with 20 payments?

How can social vulnerability be incorporated : How can social vulnerability be incorporated into a risk assessment, vulnerability assessment, or risk management model?

What actions by jack suggest his self-esteem : What actions by Jack suggest his self-esteem may be negatively impacted by his diagnosis?

Mature manufacturing firm : Antiques R Us is a mature manufacturing firm. what will you pay for a share today?

Dimensions and prescriptions for empowerment : What is the relationship between dimensions and prescriptions for empowerment?

User Account

All Pages