You deposit 145 dollars in an account every year for 5


You deposit 145 dollars in an account every year for 5 years that earns 10 percent annual interest. What is the present value of your deposits today (the present value of the annuity at time 0)? (your first deposit will be exactly 1 year from now and your last deposit will be 5 years from now)

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Accounting Basics: You deposit 145 dollars in an account every year for 5
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