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QUESTION 16 You just signed a sales contract with a new customer. What is this contract worth today if you will receive $94000, $113000, $125000,
QUESTION 16 You just signed a sales contract with a new customer. What is this contract worth today if you will receive $94000, $113000, $125000, and $130000 at the end of each year for four years? Assume you will save when you receive the payments and earn 5 percent on the savings. A $397,425 B. $406,949 C. $483,073 D. $460,000 E. $478,887
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