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What is the present value of the given annuity

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Reference no: EM131369313

FV and PV of Ordinary Annuity Annually

What is the present value of the following annuity?

$1,125 every year at the end of the year for the next 8 years, discounted back to the present at 17.34 percent per year, compounded annually?

Reference no: EM131369313

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