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Sharon Walsh has developed an educational software package. She agrees to sell the patent to Pensca for four annual payments of $50,000 each. The
Sharon Walsh has developed an educational software package. She agrees to sell the patent to Pensca for four annual payments of $50,000 each. The payments are to begin three years from today. Given an annual rate of 6%, what is the approximate present value of the four payments? Select one: a. $145,468 O b. $276,143 O c. $154,197 d. $231,855 e. $300,726
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Introductory Statistics For The Behavioral Sciences
Authors: Joan Welkowitz, Barry H. Cohen, R. Brooke Lea
7th Edition
0470907762, 978-0470907764
