What is the present value annuity due of RM4,500 with a 6 percent discount rate for 5 years? Select one: a. RM24,165.790 b. RM24,318.345 c. RM24,126.590 d. RM20,093.15

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 20E
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What is the present value annuity due of RM4,500 with a 6 percent discount rate for 5 years?

Select one:

a. RM24,165.790

b. RM24,318.345

c. RM24,126.590

d. RM20,093.15

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