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borteleto borteleto
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Posts: 2477
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6 years ago
The present value of a deferred annuity (e.g., an annuity that starts 10 years from today) can be calculated in two steps: (1) calculate the future value of the annuity, and (2) calculate the present value of the amount determined in step (1).
[True or False]
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
Read 112 times
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wrote...
#1
6 years ago
 True
 
borteleto Author
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#2
6 years ago
Commenting just to show my support for informative posts like this, keep it up 10/10
wrote...
#3
6 years ago
That helps more than you thinks, thanks for being so thoughtful
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