With an interest rate of 20 percent per year, what is the present value on December 31,2020 of payments of $1,000 made on December 31 each year for the next 3 years starting in 2021 ? The present value on December 31, 2020 of payments of $1,000 on December 31 each year for the next 3 years starting in 2021 is $ Answer to 2 decimal places.

Question

With an interest rate of 20 percent per year, what is the present value on December 31,2020 of payments of $1,000 made on December 31 each year for the next 3 years starting in 2021 ? The present value on December 31, 2020 of payments of $1,000 on December 31 each year for the next 3 years starting in 2021 is  $ > Answer to 2 decimal places.

Accepted Answer

Expert Answer to -  With an interest rate of 20 percent per year, what is the present value on December 31,2020 of paym

Answer

Solution for -  With an interest rate of 20 percent per year, what is the present value on December 31,2020 of paym

Answer

This an additional answer to -  With an interest rate of 20 percent per year, what is the present value on December 31,2020 of paym

(Solved): With an interest rate of 20 percent per year, what is the present value on December 31,2020 of paym ...

View Expert Answer

Expert Answer

Buy This Answer $5

Place Order

We Provide Services Across The Globe