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Please help with this question and show all work. Thanks. An investment promises a return of $8,000 per year at the end of each of
Please help with this question and show all work. Thanks.
An investment promises a return of $8,000 per year at the end of each of the next six years. How much will you be willing to invest today to receive the $8,000 payments and earn a return of 7%Step by Step Solution
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