6. What is the present alue of a 7Hvear ordinary annuity with annual payments of $300. evaluated at a 10percent interest rate! CHay S 670 43. es146052 XNone of therebovel O O 0 0

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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AFAlpOLSfgr9AkfTTNtEDdijdlH8gi7BUKNWL3lnwTIS 4ywgwjmAsw/formResponse
O d) $1,348.48
O e) None of the above
6. NWhat is the present value of a 7-vear ordinary annuity with annual
payments of $300. evaluated at a 10 percent interest rate?
O a $670 43
b)S 842.91
自
Transcribed Image Text:AFAlpOLSfgr9AkfTTNtEDdijdlH8gi7BUKNWL3lnwTIS 4ywgwjmAsw/formResponse O d) $1,348.48 O e) None of the above 6. NWhat is the present value of a 7-vear ordinary annuity with annual payments of $300. evaluated at a 10 percent interest rate? O a $670 43 b)S 842.91 自
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