The figure shows a graph that compares the present values of two ordinary annuities of $900 quarterly, one at 6% compounded quarterly and one at 9% compounded quarterly. Determine which graph...

The figure shows a graph that compares the present values of two ordinary annuities of $900 quarterly, one at 6% compounded quarterly and one at 9% compounded quarterly.

Determine which graph corresponds to the 6% rate and which corresponds to the 9% rate.

60 000<br>50 000<br>40 000<br>30 000<br>20 000<br>10000<br>20<br>40<br>60<br>80 100<br>120 140<br>Quarters<br>Dollars<br>

Extracted text: 60 000 50 000 40 000 30 000 20 000 10000 20 40 60 80 100 120 140 Quarters Dollars

Jun 08, 2022

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The figure shows a graph that compares the present values of two ordinary annuities of $900 quarterly, one at 6% compounded quarterly and one at 9% compounded quarterly. Determine which graph...

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