The PV of a 7 year $100 ordinary annuity discounted at 5% is:

Question

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business finance

Answer 1

Answer #1

given, Amount = $100. Term ayeon. 51. Discountate Present value of annuity & for 7 years @5%. 100¢ xCPVIFA (7,519 2 1008 x 5.

Answer 2

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