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What Is the PV of an Annuity Due with 5

Question 147

Multiple Choice

What is the PV of an annuity due with 5 payments of $4,200 at an interest rate of 5.5%?

A) $21,570.66
B) $19,110.85
C) $18,921.63
D) $16,651.03
E) $22,138.31

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