Mrs. Crawford will receive $6,500 a year for the next 14 years from her trust. If an

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Mrs. Crawford will receive $6,500 a year for the next 14 years from her trust.

If an 8 percent interest rate is applied, what is the current value of the future payments?

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Foundations Of Financial Management

ISBN: 9780073295817

12th Edition

Authors: Stanley B Block, Geoffrey A Hirt

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