Comments on: if i want to buy an annuity that will give me 50000 for the next 20 years at 6% how muh would it cost today?

Comments on: if i want to buy an annuity that will give me 50000 for the next 20 years at 6% how muh would it cost today? http://www.annuitypurchaseblog.com/buy-annuities/if-i-want-to-buy-an-annuity-that-will-give-me-50000-for-the-next-20-years-at-6-how-muh-would-it-cost-today Buy Annuities and Annuity Information Sat, 24 Jul 2010 03:06:59 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: John S http://www.annuitypurchaseblog.com/buy-annuities/if-i-want-to-buy-an-annuity-that-will-give-me-50000-for-the-next-20-years-at-6-how-muh-would-it-cost-today/comment-page-1#comment-1245 John S Mon, 30 Nov 2009 06:11:59 +0000 http://www.annuitypurchaseblog.com/buy-annuities/if-i-want-to-buy-an-annuity-that-will-give-me-50000-for-the-next-20-years-at-6-how-muh-would-it-cost-today#comment-1245 The equation would be: Present Value = 50,000 / (1.06)^1 + 50,000 / (1.06)^2 + ... + 50,000 / (1.06)^20 The answer is $573,496.06<br><b>References : </b><br> The equation would be:

Present Value = 50,000 / (1.06)^1 + 50,000 / (1.06)^2 + … + 50,000 / (1.06)^20

The answer is $573,496.06
References :

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