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A 12-payment annuity of 10000 will begin 8 years hence (the first payment occurs at the end of 8 years) what is the present value
A 12-payment annuity of 10000 will begin 8 years hence (the first payment occurs at the end of 8 years) what is the present value of this annuity if the discount rate is 14% ?
select one:
a. 56600
b. 66500
c. 22460
d. 22640
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