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Business, 02.11.2020 16:30 ldpozorski

UPX bank is selling a security that makes equal annual payments of $7,000 with the first payment 3 years from today and the last payment 9 years from today. Find the price of the security today if the interest rate is 5.1%.

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UPX bank is selling a security that makes equal annual payments of $7,000 with the first payment 3 y...

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