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    Practical Business Math Procedures Study Set 2
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    Exam 13: Annuities and Sinking Funds
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    Use the Tables in the Handbook
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Use the Tables in the Handbook

Question 91

Question 91

Short Answer

Use the tables in the handbook. What must you invest today in order to receive an annuity of $6,000 for four years semiannually at 12%? All withdrawals will be made at the end of each period.

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