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If the Three-Year Present Value Annuity Factor Is 2

Question 82

Multiple Choice

If the three-year present value annuity factor is 2.673 and the two-year present value annuity factor is 1.833, what is the present value of $1 received at the end of the three years?


A) $1.19
B) $0.84
C) $0.89
D) $0.92

Correct Answer:

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