Question
11. Mike Carlson will receive $22,000 a year from the end of the third year to the end of the 13th year (11 payments). The
11. Mike Carlson will receive $22,000 a year from the end of the third year to the end of the 13th year (11 payments). The discount rate is 12%. The present value today of this deferred annuity is: Use Appendix B and Appendix D. (Round "PV Factor" to 3 decimal places.) $104,117 $98,587 $110,538 $85,393
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International Finance For Non Financial Managers
Authors: Dora Hancock
1st Edition
0749480017, 9780749480011
