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Calculate the present value of R 2 5 0 0 0 received annually for 1 0 successive years using a discount rate of 1 6

Calculate the present value of R

25 000

received annually for

10

successive years using a discount rate of

16 % .

Assume the amount is received at the end of each year.of

(2

Marks

)

.

207 500

.

120 830

.

29 250

.

292 500

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