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An accountant wishes to find the present value of an annuity of $1 payable at the beginning of each period at 10% for eleven periods.
An accountant wishes to find the present value of an annuity of $1 payable at the beginning of each period at 10% for eleven periods. The accountant has only one present value table which shows the present value of an annuity of $1 payable at the end of each period. To compute the present value, the accountant would use the present value factor in the 10% column for O eleven periods and multiply by (1 +0.10). O eleven periods. O ten periods. twelve periods and multiply by (1 -0.10)
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