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A payment of $20800 is to be made every year for 15 years. The first payment occurring is one year's time. The interest rate is
A payment of $20800 is to be made every year for 15 years. The first payment occurring is one year's time. The interest rate is 7%. What is the PV of the annuity?
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Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappett
23rd edition
1259536351, 978-1259536359
