9. Today, your grandfather offers to give you $10,000 check in three years and $10,000 a year for 9 additional years on the same date as the first check for a total of 10 checks. Using a discount rate of 4 percent, what is the current value of these expected proceeds?

Today, your grandtather offen topve you $10.000 check in the years and $10.000 a year for additional years on the under the first check for a tot el to checking count of 4 percent what the current of the expected proceeds? DV TV N PUT