Question
What is the PV of an annuity due with 5 payments of $8,400 at an interest rate of 5.5%? Select the correct answer. a. $37,857.06b.
What is the PV of anannuity duewith 5 payments of $8,400 at an interest rate of 5.5%?
Select the correct answer.
a. $37,857.06b. $37,843.26c. $37,836.36d. $37,863.96e. $37,850.16
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Quantitative Analysis for Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Ha
12th edition
133507335, 978-0133507331
