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Effective Interest Amortization of Bond Premium or Discount
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Effective Interest Amortization of Bond Premium or Discount
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11. Long Term Liabilities / Effective Interest Amortization of Bond Premium or Discount / Problem 3
Problem 3
Using present value tables, determine the present value factor for an annuity of \$5,000 received annually for 4 years at a discount rate of 6%.
A
3.500
B
3.600
C
3.465
D
3.400
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