You made an investment which will pay you $950 per year for the next 11 years. You can earn 8.2% per year on similar investments. What is the value of this investment if the first payment made to you is next year?When entering this into calculator for PV I get 6716.7 and believe it is correct just confused about the “if the first payment made to you is next year” part of it. Making sure Im not missing something.
You made an investment which will pay you $950 per year
by admin | Sep 6, 2025 | Statistics
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