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please add the formula including the cells. An investment offers $3,850 per year for 15 years, with the first payment occurring one year from now.
please add the formula including the cells.
An investment offers $3,850 per year for 15 years, with the first payment occurring 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 occurred for 40 years? For 75 years? Forever? (Use cells A6 to B10 from the given information to complete this question.Your annswers should be positive values.) (Use cells A6 to B10 from the given information to complete this question.Your annswers should be positive values.) Step by Step Solution
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