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Course: BUSINESS FINANCE 1: 4. Calculating Annuity Present Value. An investment offers $7,000 per year for 15 years, with the first payment occurring 1 year
Course: BUSINESS FINANCE 1:
4. Calculating Annuity Present Value. An investment offers $7,000 per year for 15 years, with the first payment occurring 1 year from now. If the required return is 9 percent, what is the value of the investment? What would the value be if the payments occurred for 40 years? For 75 years? ForeverStep by Step Solution
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