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What is the present value of a five period annuity of $2,000 if the interest rate is 5.2% and the first payment is made today
What is the present value of a five period annuity of $2,000 if the interest rate is 5.2% and the first payment is made today (i.e., annual due)? $9,059.08 $9,860.78 $11,474.50 $9,612.05 Question 2 (1 point) What is the approximate maximum amount that you should consider paying for an investment project that will return $15,000 annually for 5 years with payments starting four years from now if the opportunity cost is 8.125%? $47,222.75 $46,993.50 $45,000.25 $48,860.00
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