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Business, 26.12.2019 04:31 dayanaraa61

Assume that you just received an ordinary annuity with 5 annual payments of $1,000 each. you plan to invest the payments at a 6% annual interest rate. what will the value of the first payment be at the end of the 5th year?

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Assume that you just received an ordinary annuity with 5 annual payments of $1,000 each. you plan to...
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