5. If money is worth 10% compounded quarterly, calculate the pre deferred annuity on 900 every three months for five years that three years.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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ISBN:9781337514835
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Chapter5: The Time Value Of Money
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5. If money is worth 10% compounded quarterly, calculate the present value of a
deferred annuity on 900 every three months for five years that is deferred for
three years.
Transcribed Image Text:5. If money is worth 10% compounded quarterly, calculate the present value of a deferred annuity on 900 every three months for five years that is deferred for three years.
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