[Solved] An investment will pay you $500 per year

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An investment will pay you $500 per year for 25 years with the first payment received 9 years from today. If you use a 8%

An investment will pay you $500 per year for 25 years with the first payment received 9 years from today. If you use a 8% rate to evaluate investments, how much will you pay for the investment today?

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