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The present value of an annuity due of t payments of $ 1 per period is the same as: A . the present value of
The present value of an annuity due of t payments of $ per period is the same as:
A the present value of an ordinary annuity of t payments.
B $ plus the present value of an ordinary annuity of t payments.
C r times the present value of an ordinary annuity of t payments.
DB and C
E none of the above
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