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Use the Table for the Question(s) Below

question 12

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Use the table for the question(s) below.
Suppose the term structure of interest rates is shown below:
Use the table for the question(s) below. Suppose the term structure of interest rates is shown below:    -What is the implied assumption about interest rates when using the built-in functions of a financial calculator to calculate the present value (PV) of an annuity?
-What is the implied assumption about interest rates when using the built-in functions of a financial calculator to calculate the present value (PV) of an annuity?


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