Find the payment made by the ordinary annuity with the given present value. $87,929; monthly payments...
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Find the payment made by the ordinary annuity with the given present value. $87,929; monthly payments for 17 years; interest rate is 5.2%, compounded monthly The payment is $ (Simplify your answer. Round to the nearest cent as needed.) Find the payment made by the ordinary annuity with the given present value. $87,929; monthly payments for 17 years; interest rate is 5.2%, compounded monthly The payment is $ (Simplify your answer. Round to the nearest cent as needed.)
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Present value pv Rate of InterestR 524 52 LDO 87929 Time ... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
Posted Date:
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