What is the present value annuity due of RM2,000 with a 10 percent discount rate for 10 years? Select one: a. RM13,518.12 b. RM27,126.590 c. RM18,318.345 d. RM14,093.15

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter1: Understanding Personal Finance
Section1.4: Perform Time Value Of Money Calculations
Problem 3CC
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What is the present value annuity due of RM2,000 with a 10 percent discount rate for 10 years?

Select one:

a. RM13,518.12

b. RM27,126.590

c. RM18,318.345

d. RM14,093.15

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