2.4. A continuous payment is made from January I, 1990 to January I, 1993 at an annual...

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2.4. A continuous payment is made from January I, 1990 to January I, 1993 at an annual rate of $1500. Find its present value on January I, 1990 and January I, 1988, using a 3% annual rate of interest.

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Ali Khawaja

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