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Homework answers / question archive / If the present value of an ordinary, 8-year annuity is $7,000 and interest rates are 8

If the present value of an ordinary, 8-year annuity is $7,000 and interest rates are 8

Accounting

If the present value of an ordinary, 8-year annuity is $7,000 and interest rates are 8.0 percent, what's the present value of the same annuity due? (Round your answer to 2 decimal places.)

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