Question
Find the present value of an annuity due that pays $3000 at the beginning of each quarter for the next 5 years. Assume that money
Find the present value of an annuity due that pays $3000 at the beginning of each quarter for the next 5 years. Assume that money is worth 6.6%, compounded quarterly. (Round your answer to the nearest cent.
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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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