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What Is the Equal Annual Annuity for Scorch & Burn

Question 3

Multiple Choice

What is the equal annual annuity for Scorch & Burn Fire Extinguishers if their cost of capital is 8% and the initial investment is $75,000 (rounded) ? What is the equal annual annuity for Scorch & Burn Fire Extinguishers if their cost of capital is 8% and the initial investment is $75,000 (rounded) ? A) $5,304 B) $6,271 C) $2,058 D) $4,157


A) $5,304
B) $6,271
C) $2,058
D) $4,157

Correct Answer:

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