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  • 21-11-2020
  • Business
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Using a discount rate of 8% per year, what is the present value of an annuity
of $100 per year with 10 payments?​

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tiffanyleigh2222
tiffanyleigh2222 tiffanyleigh2222
  • 21-11-2020

Answer:

$920

Explanation:

8% off of $100 is $92 after then you would multiply 92 by 10 which would be 920

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