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What is the PV of an ordinary annuity with 5 payments of $6,500 if the appropriate interest rate is 4.5%? A. $24,539.97 B. $31,102.99 C.
What is the PV of an ordinary annuity with 5 payments of $6,500 if the appropriate interest rate is 4.5%? A. $24,539.97 B. $31,102.99 C. $26,537.41 D. $24,254.62 E. $28,534.85
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Financial Markets And Institutions
Authors: Jeff Madura
13th Edition
0357130790, 978-0357130797
