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A 10-year annuity of $12,000 quarterly payments begins 4 years from today. The discount rate is 12%, compounded quarterly. What is the value of the
A 10-year annuity of $12,000 quarterly payments begins 4 years from today. The discount rate is 12%, compounded quarterly. What is the value of the annuity today?
A. $277,377.26
B. $172.852.34
C. $67,802.68
D. $176.278.27
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Financial Management In The Public Sector Tools Applications And Cases
Authors: Xiaohu Wang
1st Edition
0765616785, 9780765616784
