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20 James plans to receive a monthly annuity of $1514 for the next 28 years as part of his inheritance. The interest rate is 9.27
20 James plans to receive a monthly annuity of $1514 for the next 28 years as part of his inheritance. The interest rate is 9.27 per annum compounded monthly. Calculate the present value (PV) of this annuity. $1,514.00 $163.32 $1,959.87 $1.29 $653.29
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Mathematical Finance Core Theory Problems And Statistical Algorithms
Authors: Nikolai Dokuchaev
1st Edition
0415414482, 978-0415414487
