You Find the present value of the following annuity: An amount of $15,806 is paid quarterly for 3 years at a compound quarter interest of 6.8%. (a) $170,260.47 (6) $170,270.74 (c) $170,200.47 (d) $170,275.47
You Find the present value of the following annuity: An amount of $15,806 is paid quarterly for 3 years at a compound quarter interest of 6.8%. (a) $170,260.47 (6) $170,270.74 (c) $170,200.47 (d) $170,275.47
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
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:You
Find the present value of the following annuity:
An amount of $15,806 is paid quarterly for 3 years at a compound quarter interest of
6.8%.
(a) $170,260.47
(6) $170,270.74
(c) $170,200.47
(d) $170,275.47
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