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Mr. Smith just passed away and left his son the following estate: $75,000 per years for ten consecutive years; the first cash flow starts today.
Mr. Smith just passed away and left his son the following estate: $75,000 per years for ten consecutive years; the first cash flow starts today. If annual interest rate is 4.8%, what is the todays value of the estate? Show how this reflects in the inputs and outputs of a financial calculator
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