Why the higher the interest on annuity, lower present value? - annuity interest
I have a problem where I calc'ing as they are willing to pay now (present value) of an annuity that has an interest payment (decrease) in varying quantities should. I want Simulator telll me now, I want less money.
If you stood a higher interest rate would not be worth more in the future, why should I pay less?
Wednesday, December 23, 2009
Annuity Interest Why The Higher The Interest On Annuity, Lower Present Value?
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