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What is the PV of an ordinary annuity with 10 payments of $4,100 if the appropriate interest rate is 5.5%? a. $30,904.27 b. $32,140.44 c.
What is the PV of an ordinary annuity with 10 payments of $4,100 if the appropriate interest rate is 5.5%?
| a. | $30,904.27 | |
| b. | $32,140.44 | |
| c. | $37,085.12 | |
| d. | $31,213.31 | |
| e. | $32,449.48 |
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Financial Accounting Information For Decisions
Authors: John J. Wild
10th Edition
9781260705584
