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A pension plan is obligated to make disbursements of $2.5 million, $4.0 million, and 3.0 million at the end of each of the next three

A pension plan is obligated to make disbursements of $2.5 million, $4.0 million, and 3.0 million at the end of each of the next three years, respectively. The annual interest rate is 10%. If the pla...

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