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How much must be invested now to receive $52000 for 17 years if the first $52000 is received today and the rate is 7%? Periods

How much must be invested now to receive $52000 for 17 years if the first $52000 is received today and the rate is 7%?

Periods

Present Value of Ordinary Annuity at 7%

16

9.44665

17

9.76322

18

10.05909

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