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If the present value of an ordinary, 20 year annuity is $40,000 and interest rates are 5%, what is the present value of an annuity
If the present value of an ordinary, 20 year annuity is $40,000 and interest rates are 5%, what is the present value of an annuity due with the same length of life, present values and interest rate?
What is the Present Value: ______
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