Question: Computing the value of Deferred Annuity What is the present value of 6 years of annual cash receipts of $22.400 at the end of each
Computing the value of Deferred Annuity What is the present value of 6 years of annual cash receipts of $22.400 at the end of each year that begins two years from today, assuming a 4% interest rate? Round answer to the nearest whole dollar Do not use a negative sign with your answer $ 0
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