Your nonprofit organization has been given an annuity in whi

Your nonprofit organization has been given an annuity, in which you\'ll receive $20,000 at the end of each year for the next 15 years. The current inflation rate is 1.5%. How much will you be receiving in today\'s dollars?

Inflation rate = 1.5%
Present value of Dollars = PV * ( 1 -( 1+inflation rate)^-n)/inflation rate = 20,000 * ( 1 - ( 1+1.5%)^-15)/1.5%
= 266,864.66

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$Your nonprofit organization has been given an annuity, in which you\'ll receive $20,000 at the end of each year for the next 15 years. The current inflation rat$

Your nonprofit organization has been given an annuity in whi

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