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Hi, Could you show me how to solve problem #37 with only using a financial calculator please? Thank you in advance! prefer? on Crowing Annuity
Hi, Could you show me how to solve problem #37 with only using a financial calculator please?
Thank you in advance!
prefer? on Crowing Annuity [LO1] You have just won the lottery and will receive $1,500,000 in one year. You will receive payments for 30 years, and the payments will increase by 2.5 percent per year. If the appropriate discount rate is 7 percent, what is the pres- ent value of your winnings? . 11 Vour job pays vou only once a year for all the work you
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