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pmiller1129 pmiller1129
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7 months ago

What must John Sullivan invest today to receive an annuity of $6,000 for three years semiannually at a 10% annual rate? All withdrawals will be made at the end of each period.

Note: Round your answer to the nearest cent.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
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itsbreckitsbreck
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7 months ago
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pmiller1129 Author
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7 months ago
You make an excellent tutor!
novae
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
loki1345
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2 hours ago
Thank you, thank you, thank you!
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