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What is the present value of a 11-year annuity of $4,750 per period

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What is the present value of a 11-year annuity of $4,750 per period in which payments come at the beginning of each period? The interest rate is 13 percent. Use Appendix D. (Round "PV Factor" to 3 decimal places and final answer to the nearest dollar amount. Omit the "$" sign in your response.)

 

Paper#25390 | Written in 18-Jul-2015

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