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e LG 3 P5-20 Present value of an annuity Consider the following cases. Case Amount of annuity Interest rate Period (years) 7% 12,000 12 55,000

e LG 3 P5-20 Present value of an annuity Consider the following cases. Case Amount of annuity Interest rate Period (years) 7% 12,000 12 55,000 700 140,000 22,500

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