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Suppose the interest rate is 7.4% APR with monthly compounding. What is the present value of an annuity that pays $80 ev
Posted: Tue Nov 16, 2021 8:26 am
by answerhappygod
- Suppose The Interest Rate Is 7 4 Apr With Monthly Compounding What Is The Present Value Of An Annuity That Pays 80 Ev 1 (16.92 KiB) Viewed 80 times
Suppose the interest rate is 7.4% APR with monthly compounding. What is the present value of an annuity that pays $80 every three months for six years? (Note: Be careful not to round any intermediate steps less than six decimal places) 1 The present value of the annuity is $(Round to the nearest cent)