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4.3 Present value of an ordinary annuity: Dynamic Teleconference Pty Ltd has made an investment in another company that will guarantee it a cash flow

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4.3 Present value of an ordinary annuity: Dynamic Teleconference Pty Ltd has made an investment in another company that will guarantee it a cash flow of $21 346 each year for the next 5 years. If the company uses a discount rate of it] per cent on its investments, what is the present value of this investment

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