hlannette4753 hlannette4753
  • 20-01-2023
  • Business
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What is the present value of an annuity with monthly payments of $500, paid at the beginning of the each of the following three years, if the discount rate (APR) is 12%?
a. $15,053.75 b. $15,204.29 c. $12,873.22 d. $15,335.89

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