He will receive an amount of r2 000 per year what is the, Financial Management

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He will receive an amount of r2 000 per year what is the

Mr Jacobs has invested in an ordinary annuity for three years. He will receive an amount of R2 000 per year. What is the present value today of the cash flows if the present value factor is 0.1? The amount is rounded off to the nearest Rand. A. R6 000 B. R4 974 C. R4 115 D. R 2 486 E. Can’t be calculated due to insufficient information.

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Financial Management: He will receive an amount of r2 000 per year what is the

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