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Exp2.1.9-2 Homework - Answered - Due Nov 1st, 11:59 PM Determine the present value of $1,000 payments made at the end of each year, with

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Exp2.1.9-2 Homework - Answered - Due Nov 1st, 11:59 PM Determine the present value of $1,000 payments made at the end of each year, with payments continuing forever. The effective DISCOUNT rate is 5%. (use a decimal number, rounded to the nearest 100th, without \$ sign. For example, 12345.67) Type your numeric answer and submit

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