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An annuity makes payments of1000 at the beginning of every7 years over70 years at an effective annual interest rate of4%. Find the present value of
An annuity makes payments of1000 at the beginning of every7 years over70 years at an effective annual interest rate of4%. Find the present value of this annuity.
A.3697
B.3721
C.3792
D.3825
E.3898
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Analysis for Financial Management
Authors: Robert C. Higgins
10th edition
007803468X, 978-0078034688
