Question: How much is the equivalent present value in year 0 for a 5-year annuity, starting at the end of year 1 with $10,000 at end

How much is the equivalent present value in year 0 for a 5-year annuity, starting at the end of year 1 with $10,000 at end of each year, at an annual interest rate at 8% per year, compounded quarterly? Chose the most accurate answer

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