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If the Present Value Annuity Factor Is 3

Question 90

Multiple Choice

If the present value annuity factor is 3.8896,what is the present value annuity factor for an equivalent annuity due if the interest rate is 9%?


A) 3.5684
B) 4.2397
C) 3.8896
D) 5.3127

Correct Answer:

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