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PRESENT VALUE ANNUITY (PVA) What is the value of the stream of payment today? a. RM1,000 monthly for 10 years at a rate of 4.15%
PRESENT VALUE ANNUITY (PVA) What is the value of the stream of payment today? a. RM1,000 monthly for 10 years at a rate of 4.15% p.a. b. RM2,500 a year for 20 years at discounted rate of 5% p.a. c. RM2,500 a year for 20 years at discounted rate of 5% p.a. The payment is made at the beginning of the period
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