Find the PV of an annuity of Rs. 5500 starting from 7 years time for a period of 7 years at a discou

Find the PV of an annuity of Rs. 5500 starting from 7 years time for a period of 7 years at a discount rate of 10% p.a.? Several of my posts since the last 2 months are pending for approval at the admin side... Why is this being done?

 

There are so many groups...1000s of posts pending... Difficult to identify genuine posts.

 

Please post the solution sir.How to solve these questions where the period is starting after few years from now and we have to find present value

 

First please confirm whether the answer is 13740 or 15181

 

Solution is in two parts:1. Calculate the value of annuity at 6 yrs, which will be5500/1.1 + 5055/(1.1^2) + ... + 5500/(1.1^7) = 26895 approx...See more

 

Can we use formula of FV = Annuity*CVAF in this case?