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Find the present value of an annuity with payments of $1,000 at the end of every three months for 10 years. The interest rate
Find the present value of an annuity with payments of $1,000 at the end of every three months for 10 years. The interest rate is 4% compounded quarterly The present value of the annuity is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Essentials of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
9th edition
78034698, 978-0077502287, 77502280, 978-0078034695
