A young graduate has been offered a time share on a condo in Steamboat Springs, Colorado To be a part owner, the graduate must pay $1,621 00 at the end of each year for the next 19 00 years If the graduate's discount rate is 7 40 p a , then the graduate should be willing to pay $ today instead of making payments 1) 16,505 62 2) 16,262 93 3) 15,793 99 4) 16 754 00 5) 17 002 58

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A young graduate has been offered a time share on a condo in Steamboat Springs, Colorado  To be a part owner, the graduate must pay $1,621 00 at the end of each year for the next 19 00 years  If the graduate's discount rate is 7 40  p a , then the graduate should be willing to pay $  today instead of making payments  1) 16,505 62 2) 16,262 93 3) 15,793 99 4) 16 754 00 5) 17 002 58

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A young graduate has been offered a time-share on a condo in Steamboat Springs, Colorado. To be a part owner, the graduate must pay $1,621.00

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