An investment will pay $15,000 at the end of each year for eight years and a one-time

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An investment will pay $15,000 at the end of each year for eight years and a one-time payment of $120,000 at the end of the eighth year. Determine the present value of this investment using a 7 percent interest rate.

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Financial Accounting

ISBN: 978-0078111020

7th Edition

Authors: LibbyShort

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Question Posted: Dec 12, 2011 09:46 AM

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An investment will pay $15,000 at the end of each year for eight years and a one-time

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Financial Accounting

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