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Paul will receive payments of 50 every three months Please solve by hand writing. thank you Question 7.01 Paul will receive payments of 50 every

Paul will receive payments of 50 every three months

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Please solve by hand writing. thank you

Question 7.01 Paul will receive payments of 50 every three months for 10 years. The first payment will be made 3 months from today. The annual effective interest rate is 8%. Calculate the present value of the annuity. A 1,032.89 B 1,272.23 C 1,367.77 D 1,381.63 E 1,992.06

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