Yahoo Answers is shutting down on 4 May 2021 (Eastern Time) and, as of 20 April 2021 (Eastern Time), the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Anonymous asked in Business & FinanceOther - Business & Finance · 1 month ago

Finance question?

Endowment will pay 500000 per year forever. First payment will not be received until 4 yrs from today. How much money needs to be set aside today if effective annual rate of return is 8 percent?

Answer is 4961451.51. How?

2 Answers

Still have questions? Get answers by asking now.