(PV annuity) Your uncle has just announced that hes going to give you $10,000 per year at...

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(PV annuity) Your uncle has just announced that he’s going to give you

$10,000 per year at the end of each of the next 4 years. If the relevant interest rate is 7%, what’s the value today of this promise?

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Related Book For  book-img-for-question

Principles Of Finance Wtih Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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