kybeaton3122 kybeaton3122
  • 26-07-2016
  • Mathematics
contestada

Find the present value of the ordinary annuity.

Payments of $93 made quarterly for at 8% compounded quarterly

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Hussain514 Hussain514
  • 26-07-2016
8% of 93
8/100*93
7.44 is the present value of the ordinary annuity.
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