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A eight-year growing annuity of eight annual payments will begin 6 years from now, with the first payment $6,200 coming 7 years from now and
A eight-year growing annuity of eight annual payments will begin 6 years from now, with the first payment $6,200 coming 7 years from now and annual payment growing at 3 percent. If the annual discount rate is 7 percent, what is the value of this growing annuity 4 years from now?
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Cases In Healthcare Finance
Authors: Louis Gapenski
5th Edition
1567936113, 978-1567936117
