Find the present value of an ordinary annuity with annual payments of $680 at 9% annual interest

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Find the present value of an ordinary annuity with annual payments of $680 at 9% annual interest for 25 years?
Annuity
An annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,...
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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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