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What is the present value of an annuity with 5 quarterlypayments of $1,000 when the first payment occurs in 3 months fromnow and the required
What is the present value of an annuity with 5 quarterlypayments of $1,000 when the first payment occurs in 3 months fromnow and the required rate of return is J4=15%?a.$9,899b.$928 2 answers
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
7th edition
978-0133856507, 013385650X, 133856437, 978-0133856439
