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Please use EXCEL formula to solve. An investment pays you $20,000 at the end of this year, and $10,000 at the end of each of
Please use EXCEL formula to solve.
An investment pays you $20,000 at the end of this year, and $10,000 at the end of each of the four following years. What is the present value (PV) of this investment, given that the interest rate is 4% per year? A. $64,961 B. $27,067 C. $43,307 D. $54,134Step by Step Solution
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