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What is the present value of an annuity that pays $74 per year for 5 years and an additional $1,000 with the final payment? Use
What is the present value of an annuity that pays $74 per year for 5 years and an additional $1,000 with the final payment? Use a nominal rate of 9.65%.
| $1,019 |
| $1,017 |
| $1,002 |
| $914 |
| $1,092 |
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Capital And Finance
Authors: Peter Lewin, Nicolás Cachanosky
1st Edition
0367514559, 978-0367514556
