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Suppose the interest rate is 9.7% APR with monthly compounding. What is the present value of an annuity that pays $95 every six months for
Suppose the interest rate is 9.7% APR with monthly compounding. What is the present value of an annuity that pays $95 every six months for six years? (Note: Be careful not to round any intermediate steps less than six decimal places.) The present value of the annuity is $ (Round to the nearest cent)
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The Ten Commandments To A Financial Healing
Authors: Ms. Kemberley J Washington
1st Edition
1499607261, 978-1499607260
