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Home Q & A Board Other Fields Homework Help Business Management
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stranahan stranahan
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7 years ago
What is the present value today of an ordinary annuity cash flow of $3,000 per year for forty years at an interest rate of 6.0% per year?
A) $1,327,777.67
B) $120,000.00
C) $45,139.89
D) $32,270.87
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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UnluckyGirlXOXUnluckyGirlXOX
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7 years ago
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stranahan Author
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#2
7 years ago
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.
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