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Your friend promises you an annuity of 1 5 payments. If the first payment occurs in year 1 , the interest rate is 5 %
Your friend promises you an annuity of payments. If the first payment occurs in year the interest rate is and the present value at year zero for the promise is $ which of the following is right about the payment at year $ $ $ $ None of the above
Your friend promises you an annuity of payments. If the first payment occurs in year the interest rate is and the present value at year zero for the promise is $ which of the following is right about the payment at year
$
$
$
$
None of the above
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