Find the payment that should be used for the annuity due


Find the payment that should be used for the annuity due whose future value is given. Assume that the compounding period is the same as the payment period. $79,000; monthly payments for 11 years; interest rate 6.3%.

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Financial Management: Find the payment that should be used for the annuity due
Reference No:- TGS01161390

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