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For each of the following annuities, calculate the present value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
For each of the following annuities, calculate the present value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
| Present Value | Annuity Payment | Years | Interest Rate | |||||||||||
| $ | $ | 2,750 | 7 | 6 | % | |||||||||
| 1,505 | 9 | 5 | ||||||||||||
| 13,455 | 16 | 7 | ||||||||||||
| 33,900 | 30 | 9 | ||||||||||||
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The Handbook Of Credit Risk Management
Authors: Sylvain Bouteille, Diane Coogan-Pushner
2nd Edition
1119835631, 978-1119835639
