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Consider the Following Cash Flows Each Arriving at the End

Question 65

Multiple Choice

Consider the following cash flows each arriving at the end of the year.If the discount rate is 15% ,what is the (3-year) EQUIVALENT ANNUITY ? Consider the following cash flows each arriving at the end of the year.If the discount rate is 15% ,what is the (3-year) EQUIVALENT ANNUITY ? A) $1,935.65 B) $1,932.48 C) $1,916.62 D) $1,907.13


A) $1,935.65
B) $1,932.48
C) $1,916.62
D) $1,907.13

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