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help please (Present value of a complex stream) Don Draper has signed a contract that will pay him $60,000 at the end of each year
help please 
(Present value of a complex stream) Don Draper has signed a contract that will pay him $60,000 at the end of each year for the next 9 years, plus an additional $100,000 at the end of year 9 . If 8 percent is the appropriate discount rate, what is the present value of this contract? The present value of the contract is $ (Round to the nearest cent)
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Holt McDougal Larson Geometry
Authors: Ron Larson, Laurie Boswell, Timothy D. Kanold, Lee Stiff
1st Edition
0547315171, 978-0547315171
