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Find present value of annuity due with same length of life

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Reference no: EM132049827

Question: If the present value of an ordinary, 20 year annuity is $40,000 and interest rates are 5%, what is the present value of an annuity due with the same length of life, present values and interest rate?

What is the Present Value: ______

Reference no: EM132049827

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