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5-6A. (Present value of an annuity) What is the pr...

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5-6A. (Present value of an annuity) What is the present value of the following annuities? a. $2,500 a year for 10 years discounted back to the present at 7 percent b. $70 a year for 3 years discounted back to the present at 3 percent c. $280 a year for 7 years discounted back to the present at 6 percent d. $500 a year for 10 years discounted back to the present at 10 percent

 

Paper#5721 | Written in 18-Jul-2015

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