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Please don't solve by excel. Thank you The present value of a payment of 1,553.50 at the end of T months is equal to the

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Please don't solve by excel. Thank you

The present value of a payment of 1,553.50 at the end of T months is equal to the present value of the following payments: The effective annual interest rate is 4%. Calculate T. A 28 B 29 C 30 D 31 E 32

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