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Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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
Transcribed Image Text:You make annuity payments of $25,000 per year for the next 11 years. If you earn
6.67% return, how much is this annuity worth at the end of 11 years from today?
793,098
190,587
387,757
O 50,863
Expert Solution
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