The present value of an annuity of $10,000 per year for 10 years discounted at 8 percent

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The present value of an annuity of $10,000 per year for 10 years discounted at 8 percent is what amount?
a. $5,002
b. $67,101
c. $53,349
d. $80,000

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Financial Accounting

ISBN: 9781264229734

11th Edition

Authors: Robert Libby, Patricia Libby, Frank Hodge

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Question Posted: Sep 27, 2022 03:35 AM

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The present value of an annuity of $10,000 per year for 10 years discounted at 8 percent

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Financial Accounting

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