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QUESTION 7 Your rich aunt has promised to give you $3,000 per year at the end of each of the next five years to help

QUESTION 7 Your rich aunt has promised to give you $3,000 per year at the end of each of the next five years to help you pay for college. Using a discount rate of 6%, what is the present value of the gift. If the JPEG file doesn't open, Appendix A in your book has full Present Value tables, PV.Tables-Lump-Ann.JPG

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