Question
Consider a series of $8,320 annual cash flows in each of the next 9 years. The first cash flow occurs one year from today.
\ Consider a series of
$8,320annual cash flows in each of the next 9 years. The first cash flow occurs one year from today. If the discount rate is
9%, what is the present value of this series of cash flows? Round your answer to the nearest penny.\
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Database Marketing The New Profit Frontier
Authors: Ed Burnett
1st Edition
0964535629, 978-0964535626
