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Category > Math Posted 26 Jun 2018 My Price 2.00

nearest cent

How do you solve for present value of annuity?

 

Find the present value of an annuity due that pays $2000 at the beginning of each quarter for the next 5 years. Assume that money is worth 6.2%, compounded quarterly. (Round your answer to the nearest cent.) 

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Maurice Tutor
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Status NEW Posted 26 Jun 2018 08:06 PM My Price 2.00

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