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Please solve with financial calulator or equation (no excel) What is the value today of $1,600 per year, at a discount rate of 8 percent.

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What is the value today of $1,600 per year, at a discount rate of 8 percent. If the first payment is received 8 years from now and the last payment is received 27 years from today? Multiple Choice $9.166.07 $4,167.17 $8.965.77 $9.166.07 $4.167.17 $8.965.77 $15,80904 $8,98275

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