Question: Given a present value factor of 3.8897, assuming a 9% discount rate, the present value of an annuity of $26000 payment each year for 5
Given a present value factor of 3.8897, assuming a 9% discount rate, the present value of an annuity of $26000 payment each year for 5 years is
$101132.
$6684.
$33420.
$505660.
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