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Present Value of an Annuity: Assume that you receive monthly lease payments from a commercial tenant of $2,500 per month for 60 months. What is
Present Value of an Annuity: Assume that you receive monthly lease payments from a commercial tenant of $2,500 per month for 60 months. What is the present value of those lease payments (annuity) assuming a 4.5\% discount rate
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