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6. Choose the best answer Calculate the present value of a 4-payment due annuity of $ 1,000 if the interest rate is 5% Due: 1st-4th
6. Choose the best answer
Calculate the present value of a 4-payment due annuity of $ 1,000 if the interest rate is 5%
Due: 1st-4th year 1000
Possible Answers
$ 3,923.25
$ 3,123.25
$ 3,523.25
$ 3,723.25
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