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Pat will be receiving $50,000 at the beginning of each year for 40 years. Assuming an annual interest rate of 3% per year, compounded annually,
Pat will be receiving $50,000 at the beginning of each year for 40 years. Assuming an annual interest rate of 3% per year, compounded annually, what is the present value of the payments
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The Economics Of Money Banking And Finance
Authors: Peter Howells, Keith Bain
2nd Edition
0273651080, 978-0273651086
