Project #4648 - Annual Annuity

(A.) What is the discounted present value now, using a 6% interest rate, of an annual annuity of $450 for ten years, with the first payment one year from now, followed by a perpetuity of $300 per year starting eleven years from now?

 

(B.) What is the discounted present value now of a twenty year annuity of $750 starting 6 years from now?

 

 

I don't know how to answer these questions. It's from an economics course, so it might involve high level math or business knowledge. Please provide any feedback or work possible. Thanks 

Subject Business
Due By (Pacific Time) 04/22/2013 01:00 pm
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