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PLEASE SHOW EXCEL FORMULA You are offered an annuity that will pay $24,000 per year for 11 years (the first payment will occur immediately). If

PLEASE SHOW EXCEL FORMULA

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You are offered an annuity that will pay $24,000 per year for 11 years (the first payment will occur immediately). If you feel that the appropriate discount rate is 13%, what is the annuity worth to you today

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