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QUESTION 5 An annuity of 6 years has a present value of $ 1 4 9 1 1 . What would be the per -

QUESTION

5

An annuity of

6

years has a present value of $

14911 .

What would be the per

-

year cash flows of this annuity if the interest rate is

5.87 % .

NOTE: Submit your answers with

4

decimals after the dot. Do not include the

"

"

sign

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