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Laura just sold her small business. There terms of the sale called for the following payments: . $25,000 payable right away, $5,000 payable at the

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Laura just sold her small business. There terms of the sale called for the following payments: . $25,000 payable right away, $5,000 payable at the end of each year for the next 5 years Using a discount rate of j1=7%, calculate the fair market value (PV) of the sales agreement. Annor

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