north1929 north1929

24-08-2022
Business

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The variable that you are solving for in a present value of an annuity problem is?

Respuesta :

Iamakshay Iamakshay

05-09-2022

Answer:

The present value

How do you find the present value of an annuity?

The formula for determining the present value of an annuity is

PV = dollar amount of an individual annuity payment multiplied by

P = PMT * [1 – [ (1 / 1+r)^n] / r]

where: P = Present value of your annuity stream.

PMT = Dollar amount of each payment.

To learn more about present value, refer

to https://brainly.com/question/25689052

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