An annuity consists of $33,000 annual cash flows in each of the next 5 years. The first

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An annuity consists of $33,000 annual cash flows in each of the next 5 years. The first cash flow occurs one year from today. If the discount rate is 9%, what is the present value of the annuity? Round your answer to the nearest penny.

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Spreadsheet Modeling and Decision Analysis A Practical Introduction to Business Analytics

ISBN: 978-1285418681

7th edition

Authors: Cliff Ragsdale

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Posted Date: May 05, 2023 01:17 AM

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An annuity consists of $33,000 annual cash flows in each of the next 5 years. The first

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Spreadsheet Modeling and Decision Analysis A Practical Introduction to Business Analytics

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