6. What is the present value of an ordinary annuity of $1 ,000 per year for seven...
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6. What is the present value of an ordinary annuity of $1 ,000 per year for seven years discounted back to the present at 10 percent? What would be the present value if it were an annuity due?
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Financial Management Principles And Applications
ISBN: 9780131450653
10th Edition
Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.
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