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Calculate the present value of an annuity-immediate that pays $200 monthly for the next 15 years, assuming a nominal interest rate of 10% convertible quarterly.
Calculate the present value of an annuity-immediate that pays $200 monthly for the next 15 years, assuming a nominal interest rate of 10% convertible quarterly.
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Case Studies In Finance
Authors: Robert Bruner, Kenneth Eades, Michael Schill
6th Edition
0073382450, 978-0073382456
