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A contract requires end-of-month payments of $175 for another 81/4 years. what would an investor pay to purchase this contract if she requires a rate

A contract requires end-of-month payments of $175 for another 81/4 years. what would an investor pay to purchase this contract if she requires a rate of return of 3% compounded monthly.

The role of accounting is to only provide business owner with financial information to make economic decisions. Select one: True False

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