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Del Monty will receive the following payments at the end of the next three years: $ 2 1 , 0 0 0 , $ 2
Del Monty will receive the following payments at the end of the next three years: $$ and $ Then from the end
of the fourth year through the end of the tenth year, he will receive an annuity of $ per year.
At a discount rate of percent, what is the present value of these future benefits? Use a Financial calculator to arrive at the answer.
Round the intermediate and final answer to the nearest whole dollar.
Present value of all future benefits
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