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Annuity Payment Payment Frequency Time Period (years) Nominal Rate (%) Interest Compounded Present Value of the Annuity $6,000 every year 20 4 annually $
Annuity Payment | Payment Frequency | Time Period (years) | Nominal Rate (%) | Interest Compounded | Present Value of the Annuity |
---|---|---|---|---|---|
$6,000 | every year | 20 | 4 | annually | $ |
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