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Determine the present value of a five period annual annuity. 3 Exercise 5-9 (Algo) Present value; annuities [LO5-8] 1.66 Assuming a 12% annual interest rate,

Determine the present value of a five period annual annuity. 3 Exercise 5-9 (Algo) Present value; annuities [LO5-8] 1.66 Assuming a 12% annual interest rate, determine the present value of a five-peri...

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