If you deposit $2600 in order to get annual revenues each year up to 7 years, at a rate of return 9%, the annual amount is: Select one: a. A(P/A,9%,7) b. P(P/A,9%,7) C. P(A/P,9%,7) d. A(A/P,9%,7)
If you deposit $2600 in order to get annual revenues each year up to 7 years, at a rate of return 9%, the annual amount is: Select one: a. A(P/A,9%,7) b. P(P/A,9%,7) C. P(A/P,9%,7) d. A(A/P,9%,7)
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![If you deposit $2600 in order to get annual revenues each year up to 7 years, at a rate of return
9%, the annual amount is:
Select one:
а. А(Р/A,9%,7)
b.
P(P/A,9%,7)
С.
P(A/P,9%,7)
d.
A(A/P,9%,7)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3e585a29-d729-42b3-aa9c-d26eec89591a%2Fd5716a10-c0dc-427b-9abe-e73eb280eaa1%2F18l1tv_processed.png&w=3840&q=75)
Transcribed Image Text:If you deposit $2600 in order to get annual revenues each year up to 7 years, at a rate of return
9%, the annual amount is:
Select one:
а. А(Р/A,9%,7)
b.
P(P/A,9%,7)
С.
P(A/P,9%,7)
d.
A(A/P,9%,7)
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