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#5 What is the value today of receiving $1,485.00 per year forever? Assume the first payment is made 10.00 years from today and the discount

#5 What is the value today of receiving $1,485.00 per year forever? Assume the first payment is made 10.00 years from today and the discount rate is 11.00%. Submit Answer format: Currency: Round to: 2 decimal places

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