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Nothing lasts forever, they say. On your 40th birthday, you decide that it's time to live it up a bit, so you purchase an investment
Nothing lasts forever, they say. On your 40th birthday, you decide that it's time to live it up a bit, so you purchase an investment that would pay you 54,200 each year for the next 15 years. If this investment returns 9% to you, how much should you be willing to pay for it? Edit Format Table 12pt Paragraph BIU AL Tiv - : formula FV-PV (FVFk,n) formula formula FVOA - PMT (FVFOAk.n) PV - FV (PVFk.n PVOA - PMT (PVFOAK.n) formula
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