An annuity due has four payments, $2000 each. What's the present value of the annuity due at a 6% annual interest rate

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 20E
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An annuity due has four payments, $2000 each. What's the present value of the annuity due at a 6% annual interest rate?

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