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Question 34 2.5 pts A 7-year annuity pays $1500 per month. If the interest rate is 12% compounded monthly, what is the present value of
Question 34 2.5 pts A 7-year annuity pays $1500 per month. If the interest rate is 12% compounded monthly, what is the present value of the annuity (approximately)? $84.973 $87,590 $6.167 $12,496 $76,726
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Financial Management For Public Health And Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
7th Edition
1071835335, 978-1071835333
