What does a pension annuity mean?
What does a pension annuity mean?
Feb 25, 2017
Express.co.ukLana Clements
SOLVED: An ordinary annuity selling at 11,417.87 today promises to make equal payments at the end of each year for the next six years (N). If the annuity's appropriate interest rate (I) remains at 9.50% during this time, the annual annuity payment (PMT) will be ?
SOLVED: An ordinary annuity selling at 11,417.87 today promises to make equal pa…
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