khanhlan5149 khanhlan5149

22-02-2024
Business

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If the present value of an ordinary, 7-year annuity is $7,400 and interest rates are 8.5 percent, what's the present value of the same annuity due?
a) $6,778.50
b) $7,400
c) $8,011.90
d) $8,525.00

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