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What is the same 100 per year in number 1 worth if it only lasts for 15 years? Same rate. (855.948)
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3 votes
What is the same 100 per year in number 1 worth if it only lasts for 15 years? Same rate. (855.948)

User Maurice Klimek
by
5.7k points

1 Answer

3 votes

Answer: PV(0.08,15,100.0)

Step-by-step explanation:

PMT= 100

r= 0.08

User Eric Shieh
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5.2k points
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