You will receive 5000 per year every year for the next five, Financial Management

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You will receive 5000 per year every year for the next five

You will receive $5,000 per year, every year for the next five (5) years, beginning at the end of this year.

If you use 6% as your discount rate, calculate the present value of this annuity.

11 Refer to the previous question: this is a(n)

a. back load annuity

b. front load annuity

c. annuity due

d ordinary annuity

e none of the above

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Financial Management: You will receive 5000 per year every year for the next five

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Financial Management: You will receive 5000 per year every year for the next five

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