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What is the present value (PV) of an investment that pays $110,000 every year for four years if the interest rate is 5% APR, compounded
What is the present value (PV) of an investment that pays $110,000 every year for four years if the interest rate is 5% APR, compounded quarterly? O A. $467,040 B. $505,960 C. $389,200 O D. $428,120
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Advanced Finance
Authors: Michael Fardon
1st Edition
1872962319, 1872962173, 978-1872962313, 978-1872962177
