2. What uniform annual payment for 12 years is equivalent to receiving all of the following?...

 

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2. What uniform annual payment for 12 years is equivalent to receiving all of the following? $3,000 at the end of each year for 12 years $20,000 today $4,000 at the end of 6 years $800 at the end of each year forever $10,000 at the end of 15 years Use an 8% interest rate. 2. What uniform annual payment for 12 years is equivalent to receiving all of the following? $3,000 at the end of each year for 12 years $20,000 today $4,000 at the end of 6 years $800 at the end of each year forever $10,000 at the end of 15 years Use an 8% interest rate.

Answer rating: 100% (QA)

A1 3000 A2 20000AP 8 12 265... View the full answer