factot present value of annuity y years at 10% is 4.3553 this means that annuity of 6 2000 payments at 10% is the equivalent of 8,710.60 today
True
The statement is Correct
Present Value of Annuity (10% , 6 period) = $2000 X 4.3553 = $8710.60
factot present value of annuity y years at 10% is 4.3553 this means that annuity of...
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