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    The Present Value of an Annuity Factor for 6 Years
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The Present Value of an Annuity Factor for 6 Years

Question 29

Question 29

True/False

The present value of an annuity factor for 6 years at 10% is 4.3553. This implies that an annuity of six $2,000 payments at 10% would equal $8,710.60.

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