A 5-year 100 ordinary annuity has an annual interest rate, Financial Management

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A 5-year 100 ordinary annuity has an annual interest rate

A 5-year $100 ordinary annuity has an annual interest rate of 4%?

1. What is its present value?

2. What would the present value be if it was a 10-year annuity?

3. What would the present value be if it was a 25-year annuity?

4. What would the present value be if this was a perpetuity?

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Financial Management: A 5-year 100 ordinary annuity has an annual interest rate

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Financial Management: A 5-year 100 ordinary annuity has an annual interest rate

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