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tetleyelmo tetleyelmo
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7 years ago
Peter will receive $1,200 at the beginning of each of the next seven years. What is the future value of this annuity, assuming the interest rate is 9% compounded annually? (Round to the nearest whole dollar)
A) $1,200   
B) $11,041   
C) $12,034   
D) $13,234   
E) $8,400
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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BlimpBlimp
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7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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tetleyelmo Author
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7 years ago
Thanks
larrybrads
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You make an excellent tutor!
KaylenePig
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2 hours ago
This site is awesome
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