14. Assume an annuity pays $1,000 a year in the first three years, $2,000 a year in the next three years, and $3,000 a year
14. Assume an annuity pays $1,000 a year in the first three years, $2,000 a year in the next three years, and $3,000 a year in the next four years. Find the present value of this annuity at 8% interest. (Treat this as an ordinary annuity.)
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Authors: George H. Pink, Paula H. Song
7th Edition
1640553177, 978-1640553170
