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If the Five-Year Present Value Annuity Factor Is 3

Question 36

Multiple Choice

If the five-year present value annuity factor is 3.60478 and the four-year present value annuity factor is 3.03735,what is the present value at the $1 received at the end of five years?


A) $0.63552
B) $1.76233
C) $0.56743
D) $1.2132

Correct Answer:

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