Calculate the present value of a deferred annuity of 20 annual payments of S$25,000 each. The...
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Calculate the present value of a deferred annuity of 20 annual payments of S$25,000 each. The interest rate is 8.5% compounded annually and the first payment will be made in six years. $145,013 $306,472 $211,760 $157,339 Calculate the present value of a deferred annuity of 20 annual payments of S$25,000 each. The interest rate is 8.5% compounded annually and the first payment will be made in six years. $145,013 $306,472 $211,760 $157,339
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Bolution lyiven Payment Amount 25000 No of annual paym... View the full answer
Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
Posted Date:
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