Suppose the interest rate is 6% and compounded annually. What is the present discounted value of...
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Suppose the interest rate is 6% and compounded annually. What is the present discounted value of 6 future annual payments of $150? a) $737.60 b) $900.00 c) $634.46 d) $849.06 Suppose the interest rate is 6% and compounded annually. What is the present discounted value of 6 future annual payments of $150? a) $737.60 b) $900.00 c) $634.46 d) $849.06
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