Calculating annuities due a 10-year annual annuity due with


Calculating Annuities Due A 10-year annual annuity due with the first payment occurring at date t = 7 has a current value of $85,000. If the discount rate is 9 percent per year, what is the annuity payment amount?

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Finance Basics: Calculating annuities due a 10-year annual annuity due with
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