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The Factor for the Present Value of an Annuity for 6

question 221

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The factor for the present value of an annuity for 6 years at 10% is 4.3553. This implies that an annuity of six $2,000 payments at 10% would equal $8,710.60.
$2,000 * 4.3553 = $8,710.60


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