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An annuity-due makes payments of 30 at the beginning of every month for 10 years at an effective annual interest rate of 6% and the
An annuity-due makes payments of 30 at the beginning of every month for 10 years at an effective annual interest rate of 6% and the first payment is due today. Which one of the following statements doesn't give the PV of this annuity? Possible Answers A PV = 2734.98 B .(12) PV = 3600 10i PV = 30*120;, where j = 1.061/12 - 1 D PV = 30 1 - 1.06-10 d(12) E PV = 360 1-1.06-10 d(12)
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