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Bank USA offers a stated annual interest rate of 4.65% compounded quarterly. What is the EAR? You are to receive $75 per year indefinitely. The

Bank USA offers a stated annual interest rate of 4.65% compounded quarterly. What is the EAR?

You are to receive $75 per year indefinitely. The market rate of interest for these types of payments is 8%. The price you would pay for this stream is

A court settlement awarded an accident victim four payments of $50,000 to be paid at the end of each of the next four years. Using a discount rate of 4%, calculate the present value of the annuity.

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