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can someone help me with the question You have just been notified that you will receive $8,600 a year for the next 16 years from
can someone help me with the question
You have just been notified that you will receive $8,600 a year for the next 16 years from an inherited trust. If the interest rate is 14 percent, how much should you be willing to accept today in exchange for the annual payments? (Enter your answer as a positive number rounded to 2 decimal places.) Step by Step Solution
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