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QUESTION
Question 15 What is the PV of an ordinary annuity with 10 payments of $15,600 if the appropriate interest rate is 4.5%?
Question 15
What is the PV of an ordinary annuity with 10 payments of $15,600 if the appropriate interest rate is 4.5%?
1.$123,438.40
2.$68,483.64
3.$91,689.05
4.$61,385.04
5.$77,702.59
