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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?
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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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
