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Present value of an annuity

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Could someone please help?

N = 15
I = 7
PMT = 8500
PV = ?

Table:

Present value of an annuity

Find the answer for number of years and the interest rate.

Mutilply the annual payment by the figure from the table.

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Solution Summary

This solution is comprised of a detailed explanation to find the answer for number of years and the interest rate.

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could someone please help Calculator:

N = 15
I = 7
PMT = 8500
PV = ?

Table:

Present value of an annuity

Find the answer for number of years and the interest rate. ...

Purchase this Solution


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