11) Terry Lampron wishes to make eight annual withdrawals of $3,000 each beginning (1pts) on May 1, 2011 Assuming a 4 percent interest rate, on May 1, 2010, Lampron must deposit an amount of money equal to (find present value) O 20,198 23 O 27,642 60 O 26,192 10 O 9,936 30 11) Terry Lampron wishes...

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11) Terry Lampron wishes to make eight annual withdrawals of $3,000 each beginning (1pts) on May...

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Finance Applications and Theory

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11) Terry Lampron wishes to make eight annual withdrawals of $3,000 each beginning (1pts) on May...

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