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What is the present value of the annuity

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Reference no: EM132761520

Question: Consider an annuity consisting of four cash flows of $1734 each. Assume a 6.7% p.a. interest rate, what is the present value of the annuity if the first cash flows occurs 4 years from today.

Instruction: Please provide your answer to the nearest cent, without the unit of dollar sign (e.g., 1001.15 or -1001.15 if negative).

Reference no: EM132761520

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