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As part of your inheritance, you will receive $41,000 a year for 17 years. The first payment will be received 5 years from today. What
As part of your inheritance, you will receive $41,000 a year for 17 years. The first payment will be received 5 years from today. What is the present value (at time zero) of this inheritance if you use a 6% discount rate? Enter your answer as a number rounded to 2 decimal places. (An answer of $100.125 would be entered as 100.13)
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