Determine the multiple cash flows for a, Ask an Expert

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problem: Use excel spreadsheet and the FV

R=annual interest rate and

t= number of years.

When there are multiple cash flows every year, the amount of the annuity shown below is the amount of each individual cash flow [not the sum cash flow for the year]. Give all answers to the nearest dollar.

The annual annuity payment that will provide 13,400 dollars in 8 years when R= 9 percent compounded annually.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M917398

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