Business, 21.08.2020 03:01 Elsalvador7310

A 15-year annuity pays $1,300 per month, and payments are made at the end of each month. The interest rate is 10 percent compounded monthly for the first six years and 8 percent compounded monthly thereafter. What is the present value of the annuity

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A 15-year annuity pays $1,300 per month, and payments are made at the end of each month. The interes...

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