Solved: You deposit 402 dollars in an account every year for 9, Business Economics

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You deposit 402 dollars in an account every year for 9

You deposit 402 dollars in an account every year for 9 years that earns 9 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 9 years from now)

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Business Economics: You deposit 402 dollars in an account every year for 9

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