Find the present value of the ordinary annuities in Problems 21-32. Amount of Deposit m 24. $600

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Find the present value of the ordinary annuities in Problems 21-32.

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Nature Of Mathematics

ISBN: 9781133947257

13th Edition

Authors: Karl J. Smith

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Question Posted: Jan 28, 2024 01:03 AM

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Find the present value of the ordinary annuities in Problems 21-32. Amount of Deposit m 24. $600

Question:

Amount of Deposit m 24. $600 Frequency n semiannually Rate r 2% Time t 10 yr

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To find the present value of an ordinary annuity you can use the following formula PV PMT tim...View the full answer

Nature Of Mathematics

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