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13 13. An investment that will pay $25,350 per year for 27 years is worth $ today. Assume the first payment is made one year
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13. An investment that will pay $25,350 per year for 27 years is worth $ today. Assume the first payment is made one year from today and the interest rate is 7.40%. a. 282,545.24 b. 292,721.53 c. 302,112.42 d. 303,389.28 e. 306,112.88 Step by Step Solution
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