Question: EXERCISE 7C Present value using a table 1 An annuity involves depositing $2000 at the end of each year for 7 years. The interest rate

EXERCISE 7C Present value using a table 1 An annuity involves depositing $2000 at the end of each year for 7 years. The interest rate is 8% p.a. a Find the single amount of money that could be invested now at the same rate for the same period of time to produce the same final amount

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