(1) Specifically using ten single‐sum (single‐cash‐flow) equations and a discount rate of 4%/year, calculate the value of this annuity 9 years from now.
(2) Specifically using a PV‐of‐annuity equation and a discount rate of 4%/year, calculate the value of this same annuity nine years from now.
(3) Specifically using nothing but Excel’s prepackaged PV function and a discount rate of 4%/year, calculate the value of this same annuity 9 years from today. Get Finance homework help today
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