You deposit 286 dollars in an account every year for 4


You deposit 286 dollars in an account every year for 4 years that earns 4 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 4 years from now)

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Finance Basics: You deposit 286 dollars in an account every year for 4
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