资产评估理论基础(2)(12)

变形1 后付年金

Trick 1: Delayed Annuity

Danielle Caravello will receive a four-year annuity of 500 per year, beginning at data 6.If the interest rate is 10 percent, what is the present value of her annuity?

0 1 2 3 4 5 6 7 8 9 10

500 500 500 500 500