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Can anyone solve this ? What is the present value of a 20-payment annual annuity of $20,000. The first payment is due three years from
Can anyone solve this ?
What is the present value of a 20-payment annual annuity of $20,000. The first payment is due three years from today? The discount rate to use is 10.5% per year. Round and express your answer to the nearest whole dollar (i.e., nearest integer). Do not include a dollar signStep by Step Solution
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