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6. What is the present value of an annuity due if the payments are $69 a month for 60 months at a monthly interest rate
6. What is the present value of an annuity due if the payments are $69 a month for 60 months at a monthly interest rate of 2 percent?
a $2,294.91
b $2,354.19
c $2,446.47
d. $2,291.93
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Personal Finance
Authors: Jack Kapoor
6th Edition
0072350849, 9780072350845
