Find the present value of an annuity of 1200 per quarter


A distant relative is about to retire and needs your help figuring out the retirement annuity. Find the present value of an annuity of $1200 per quarter for a term of 8 years if an interest rate of 3.6% per year compounded quarterly is assumed.

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Financial Management: Find the present value of an annuity of 1200 per quarter
Reference No:- TGS02342180

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