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    Business Math Using Excel
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    Exam 12: Annuities, Stocks, and Bonds
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    The Present Value of an Annuity Is the Amount Needed
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The Present Value of an Annuity Is the Amount Needed

Question 16

Question 16

Short Answer

The present value of an annuity is the amount needed to invest _________ to receive a stream of payments for a given number of years in the __________.

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