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del monty will receive the following payments at the end of the next 3 years : 10000, 13000, 15000. then from the end of the

del monty will receive the following payments at the end of the next 3 years : 10000, 13000, 15000. then from the end of the fourth year through the end of the 10th year he will receive an annuity of $16000 per year.At a discount rate of 16% what is the present value of this future benefits?

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