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Q4)What is the present value of an annuity at the end of 22 years if $3500 is withdrawn each year into an account earning 7%
Q4)What is the present value of an annuity at the end of 22 years if $3500 is withdrawn each year into an account earning 7% compounded monthly. Answer, 470795
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
15th edition
978-0133428704
