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What is the present value of a(n) 11-year annuity that pays $4,000 annually, given a discount rate of 9 percent? The present value of the
What is the present value of a(n)
11-year
annuity that pays
$4,000
annually, given a discount rate of
9
percent?
The present value of the annuity is
$nothing.
(Round to the nearest cent.)
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Personal Finance Turning Money Into Wealth
Authors: Arthur Keown
8th Edition
0134730364, 978-0134730363
