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Can you show how to do it in excel? can you show how to do it by hand also? i will leave a like! A
Can you show how to do it in excel? can you show how to do it by hand also? i will leave a like!
A 16-year annuity pays $1,800 per month, and payments are made at the end of each month. The interest rate is 11 percent compounded monthly for the first five years and 8 percent compounded monthly thereafter. What is the present value of the annuity? Multiple Choice s $240,468.54 $177,469.55 O $240,468.54 $177,469.55 O $173,989.75 $2,087,877.06 $170,509.96 Step by Step Solution
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