Find the present value of the ordinary annuity. Payments of $93 made quarterly for at 8% compounded quarterly

asked Feb 12, 2017 207k views

3 votes

Find the present value of the ordinary annuity.

Payments of $93 made quarterly for at 8% compounded quarterly

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5 votes

8% of 93
8/100*93
7.44 is the present value of the ordinary annuity.

Jan Galinski answered Feb 18, 2017

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asked Jul 20, 2022 161k views

TobKel asked Jul 20, 2022

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