The present value of annuities due where annuity payment is $ 200 , frequency of payment is 1 month, time duration is 3 years, nominal rate of return is 12 % and interest is compounded monthly.

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Chapter 12, Problem 15AT

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To calculate: The present value of annuities due where annuity payment is $200, frequency of payment is 1 month, time duration is 3 years, nominal rate of return is 12% and interest is compounded monthly.

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