We use cookies to enhance your experience on our website. By continuing to use our website, you are agreeing to our use of cookies. You can change your cookie settings at any time. Find out more


Your response is correct.

You correctly calculated the value at the beginning of the 20-year period and then brought it back 5 years today.

Choose an option below.

Return to current question

Return to Uniform annual series and present value

Return to More Interest Formulas Tutorials menu

Legal Notice | Privacy Policy | Cookie Policy
Please send comments or suggestions about this Website to custserv.us@oup.com