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Present value of an annuity

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DEFINITIONS: Present value of  annuity:lump sum amount that equals the value now of a set of equal periodic payments to be paid in the future. Formulas and Examples: PV=(PMT)K, where [caption id=”attachment_235” align=”alignnone” width=”119” caption... read more

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August 21st, 2009  
Tags: Present value of an annuity



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