(C) 25,470
0.27. Find the present value of an ordinary annuity of 8 quarterly payments of 7 500 each, the rate
of interest being 8% p.a. compound quarterly,
(a) 4275.00
(b) 4725.00
13662,50
(d) 3266.50
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The answer is 4594.4548.649
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