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I am having trouble with the following: What is the present value of the following annuity? $1,122 every quarter year at the end of the
I am having trouble with the following:
What is the present value of the following annuity?
$1,122 every quarter year at the end of the quarter for the next 4 years, discounted back to the present at 10.75 percent per year, compounded quarterly?
Round the answer to two decimal places.
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