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What Does $159,900 Represent in the Following Equation? ​

Question 124

Multiple Choice

What does $159,900 represent in the following equation? ​ What does $159,900 represent in the following equation? ​ ​ A) interest rate per period B) present value of the annuity C) total number of payments(periods) D) future value of the annuity E) interest rate per year ​


A) interest rate per period
B) present value of the annuity
C) total number of payments(periods)
D) future value of the annuity
E) interest rate per year

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