FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:In order to compute the present value of an annuity, it is necessary to know the
1.
discount rate.
2.
number of discount periods and the amount of the periodic payments or receipts.
○ 1
O something in addition to 1 and 2
O both 1 and 2
○ 2
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