Find probability that the larger of the two rolls was equal

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Reference no: EM131835100

1. If you put up $44,000 today in exchange for a 6.75 percent, 14-year annuity, what will the annual cash flow be?

2. Which of the following statement is FALSE concerning the time value of money?

3. A six-sided dice is rolled twice. Find the probability that the larger of the two rolls was equal to 3.

Reference no: EM131835100

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