What is the present value of a 3-year annutiy of $220 if the discount rate is 6%.

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section4.17: Amortized Loans
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What is the present value of a 3-year annutiy of $220 if the discount rate is 6%.

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