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( Related to Checkpoint 6 . 6 ) ( Present value of annuities and complex cash flows ) You are given three investment alternatives to
Related to Checkpoint Present value of annuities and complex cash flows You are given three investment alternatives to analyze. The cash flows from these three investments are
as follows:
a What is the present value of investment A at an annual discount rate of percent?
I Round to the nearest cent.
b What is the present value of investment at an annual discount rate of percent?
$Round to the nearest cent.
c What is the present value of investment C at an annual discount rate of percent?
$ Round to the nearest cent.
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