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7. Choose the best answer Calculate the present value of a 5-payment due annuity of 10,000 if the interest rate is 10% Due 1st-5th year

7. Choose the best answer

Calculate the present value of a 5-payment due annuity of 10,000 if the interest rate is 10%

Due 1st-5th year 10000

Possible Answers

$ 22,468.80

$ 25,468.80

$ 21,468.80

$ 23,468.80

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