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please show your work so I understand how it's solved. Thanks! Moonlight Industries just signed a sales contract with a new customer. JK will receive
please show your work so I understand how it's solved. Thanks!
Moonlight Industries just signed a sales contract with a new customer. JK will receive annual payments in the amount of $35,205,$49,526,$65,256, and $72,580 at the end of Years 1 to 4 , respectively. What is this contract worth at the end of Year 4 if the firm earns 4.53% on its savings? Answer with 2 decimal points. Show your work Step by Step Solution
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