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D Question 10 2 pts What is the Net Present Value (NPV) of receiving $35,000 in year 1, which grows by 2.5% every year
D Question 10 2 pts What is the Net Present Value (NPV) of receiving $35,000 in year 1, which grows by 2.5% every year afterwards (i.e. you receive $35,000 in year 1, $35,000 x 1.025 in year 2, etc.)? The annual discount rate is 5%. Assume annual compounding.
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