Question
Compute the present value of an annuity in which hourly payments (8760 each year) of $0.41 are made for 3 years at an annual rate
Compute the present value of an annuity in which hourly payments (8760 each year) of $0.41 are made for 3 years at an annual rate of 1.2%.
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
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