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Maria Miller died, leaving to her husband Richard an insurance policy contract that provides that the beneficiary (Richard) can choose any one of the following
Maria Miller died, leaving to her husband Richard an insurance policy contract that provides that the beneficiary (Richard) can choose any one of the following four options. Money is worth 2.5% per quarter, compounded quarterly. Compute Present value if: - Your answer is incorrect. c. $19,470 immediate cash and $1,947 every 3 months for 10 years, payable at the beginning of each 3-month period. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Present value $
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