The present value of an ordinary annuity is $18,750. If this annuity were to be converted...
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The present value of an ordinary annuity is $18,750. If this annuity were to be converted into an annuity due, what would its present value be, if the interest rate applicable is 6.76% per year? Round your final answer to 2 decimal places. The present value of an ordinary annuity is $18,750. If this annuity were to be converted into an annuity due, what would its present value be, if the interest rate applicable is 6.76% per year? Round your final answer to 2 decimal places.
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Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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