Question: QUESTION 63 Annuity Problem: Plug in Amounts for each given variable to receive partial credit, in case your answer is incorrect. What would you pay

QUESTION 63 Annuity Problem: Plug in Amounts for each given variable

QUESTION 63 Annuity Problem: Plug in Amounts for each given variable to receive partial credit, in case your answer is incorrect. What would you pay today (PV) for an annuity of $1.000 paid every month for 5 years if you could invest your money elsewhere at 12% annual interest rate compounded monthly? PVA = FVA PMTE = TT T Arial 3 (12pt) Path:p Words:0

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