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Tim makes payments of 120 at the end of each year for ten years. For the next ten years, Tim makes quarterly payments of 30
Tim makes payments of 120 at the end of each year for ten years. For the next ten years, Tim makes quarterly payments of 30 at the end of each quarter. The following ten years he makes monthly payments of 10 at the end of each month. Find the present value of Tim's payments using an annual effective yield of 10% A 1,051 1,097 1,147 1,257 E 1,330
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