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What is the PV of an ordinary annuity with 5 payments of $8,500 if the appropriate interest rate is 4.5%? a. $37,314.80 b. $29,851.84 c.
What is the PV of an ordinary annuity with 5 payments of $8,500 if the appropriate interest rate is 4.5%?
| a. | $37,314.80 | |
| b. | $29,851.84 | |
| c. | $38,434.25 | |
| d. | $31,717.58 | |
| e. | $44,031.47 |
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Accounting II Guide
Authors: Permacharts Inc
1st Edition
1550807870,1554312957
