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borteleto borteleto
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7 years ago
What is the present value of an annuity of $4,000 received at the beginning of each year for the next eight years? The first payment will be received today, and the discount rate is 9% (round to nearest $1).
A) $36,288
B) $35,712
C) $25,699
D) $24,132
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DeanaRayDeanaRay
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7 years ago
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borteleto Author
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7 years ago
Thank you, thank you, thank you!
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