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?

PMT = 20,000, FV = 0, rate = 1.5%, N = 15

use PV function in Excel

value in today\'s dollar = 343,372.78

$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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