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An accountant wishes to find the present value of an annuity of $1 payable at...

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Accounting

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An accountant wishes to find the present value of an annuity of $1 payable at the beginning of each period at 10% for 8 periods. He has only one present value able, which shows the present value of an annuity of $1 payable at the end of each period. To compute the present value factor he needs, the accountant would use he present value factor in the 10% column for: 7 periods 7 periods and add 1 8 periods 9 periods and subtract 1

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