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Given five equal annual payments of $6.000 each, the first payment is received 3 years from today and the last payment is received 7 years
Given five equal annual payments of $6.000 each, the first payment is received 3 years from today and the last payment is received 7 years from today. ( rate = 10% /yean Their value 2 years from today (or beginning of year 3) is approximately Select one a $18.796 o D. $25,018 c. $20,677 d. $22,744 e None of the above
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