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September 22, 2014

Homework Help: Business Math 205

Posted by James on Saturday, June 25, 2011 at 5:10pm.

Calculate the PRESENT VALUE of the following ORDINARY ANNUITIES. Round to the nearest cent when necessary.
Annuity Payment:($3,000) Payment Frequency: (Every Year) Time Period YRS:(15)Nominal Rate%:(10)Interest Compounded:(Annually)Present Value Of The Annuity is What?

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