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Looking for the formula and break down for the following question ? Calculating Annuity Present Value- An investment offers $5,500 per year for 15 years,

Looking for the formula and break down for the following question ?

Calculating Annuity Present Value- An investment offers $5,500 per year for 15 years, with the first payment occuring one year from now. If the required return is 6 percent, what is the value of the investment ? What would the value be if the payments occured for 40 years ? For 75 years ? Forever ?

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