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rbowen87 rbowen87
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10 months ago
The first quarterly payment of $750 in a five-year annuity will be paid 3¾ years from now. Based on a discount rate of 8.25% compounded monthly, what is present value of the payments today?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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amandashimkusamandashimkus
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10 months ago
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