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QUESTION
Homework #3B (FV and PV of annuity non-annually)
Homework #3B (FV and PV of annuity non-annually)
Finance 330
Question 6
What is the present value of the following annuity?$1,509 every quarter year at the end of the quarter for the next 7 years, discounted back to the present at 12.93 percent per year, compounded quarterly?
Round the answer to two decimal places.
