8 Cornett Ch. 5: Time Value of Money 2: Analyzing Annulty CFs Question 3 (of...
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8 Cornett Ch. 5: Time Value of Money 2: Analyzing Annulty CFs Question 3 (of 9) 3.00 points Problem 5-8 Present Value of an Annuity (LG5-4) What's the present value of a $510 annuity payment over five years if interest rates are 9 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places. Present value Hints ReferenceseBook & Resources Hint#1 Hint#2 Hint#3 Hint#4 Hint#5 F6 F1 F4 F5 F2 F3 F1
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