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Posted on Jul 31, 2024

a financial contract pays 1 8 8 monthly payments of $ 2 9 1 , starting on 1 0 / 1 / 2 0 3

a financial contract pays

188

monthly payments of $

291,

starting on

10 / 1 / 2030 .

If your discount rate is

6 %,

what is the value of your contract on

5 / 1 / 2030 ?

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