Find the PV of a 15-year annuity-immediate with payments of 15, 14, 13, ..., 1 at an

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Find the PV of a 15-year annuity-immediate with payments of 15, 14, 13, ..., 1 at an annual effective rate of interest i = 3%. Possible Answers

A 85.10

B 88.09

C 97.38

D 99.85

E 102.07

Related Book For answer-question

Fundamentals of Financial Management

ISBN: 978-0324664553

Concise 6th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Sep 27, 2022 01:01 AM

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Find the PV of a 15-year annuity-immediate with payments of 15, 14, 13, ..., 1 at an

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Fundamentals of Financial Management

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