Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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pm.8

-S
For each of the following annuities, calculate the annuity payment.
Note: Do not round intermediate calculations and round your answers to 2 decimal
Annuity Payment
Future Value
$
$
$
$
24,050
950,000
760,000
130,000
Years
8
35
21
12
Interest Rate
4%
6
7
3
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Transcribed Image Text:-S For each of the following annuities, calculate the annuity payment. Note: Do not round intermediate calculations and round your answers to 2 decimal Annuity Payment Future Value $ $ $ $ 24,050 950,000 760,000 130,000 Years 8 35 21 12 Interest Rate 4% 6 7 3
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