Find the present value of an annuity with annual payments of $1400 per year for seven years. The interest is 9% compounded annually. My guess is $7046.13 but I'm not sure. Thanks for looking at this problem.

Printable View

- July 9th 2006, 01:18 AMkwtolleyThis annuity payment is killing me. repost sorry
Find the present value of an annuity with annual payments of $1400 per year for seven years. The interest is 9% compounded annually. My guess is $7046.13 but I'm not sure. Thanks for looking at this problem.

- July 9th 2006, 01:46 AMJakeDQuote:

Originally Posted by**kwtolley**

PS: you can delete your other post. Click on the edit link for that post. There's a delete option. - July 9th 2006, 01:54 AMkwtolleyThanks
thanks for the help, I will use the chart in the future.