Calculating annuities due a 10-year annual annuity due with
Calculating Annuities Due A 10-year annual annuity due with the first payment occurring at date t = 7 has a current value of $85,000. If the discount rate is 9 percent per year, what is the annuity payment amount?
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ordinary annuities and annuities due as discussed in the text an annuity due is identical to an ordinary annuity except
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