present value of annuity
Consider the annuity of 3800 RO per year at the end of every year for (M+D) years. If the discount rate is equal to (R+7) %, find the present value of annuity at the end of (M+D) years?
Define Compound interest.
Consider the annuity of 3800 RO per year at the end of every year for (M+D) years. If the discount rate is equal to (R+7) %, find the present value of annuity at the end of (M+D) years?
Define Compound interest.