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Use a calculator to evaluate the present value of an annuity formula P=m[nr1(1+nr)nt] for the values of the variables m,r, and t (respectively). Assume n=12.

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Use a calculator to evaluate the present value of an annuity formula P=m[nr1(1+nr)nt] for the values of the variables m,r, and t (respectively). Assume n=12. $1,050;3%;4yr SMITHNM13 11.6.016

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