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To Calculate the Present Value of an Annuity, Multiply the

Question 67

Multiple Choice

To calculate the present value of an annuity, multiply the


A) total dollars to be received by the present value factor.
B) total dollars to be received by the discounted interest rate.
C) amount to be received each year by the present value factor.
D) amount to be received each year by the discounted interest rate.

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