The future value of an annuity is 4 . 6 4 1 at 1 0 % for

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Question:

The future value of an annuity is

4.641

10 %

for

4

years. If we wish to accumulate $

15, 000

by the end of

4

years, how much should the annual payments be

?

Use Appendix C to calculate the answer.

Related Book For answer-question

Fundamentals Of Financial Management

ISBN: 9781111795207

11th Edition

Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston

See More Books

Posted Date: May 18, 2024 10:14 PM

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The future value of an annuity is 4 . 6 4 1 at 1 0 % for

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Fundamentals Of Financial Management

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