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    Exam 10: Annuities: Future Value and Present Value
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    What Is the Present Value of End-Of-Quarter Payments of $2,500
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What Is the Present Value of End-Of-Quarter Payments of $2,500

Question 40

Question 40

Short Answer

What is the present value of end-of-quarter payments of $2,500 for seven years? Use a discount rate of 6% compounded quarterly.

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