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Show Excel Formula You are offered an annuity that will pay $24,000 per year for 11 years (the first payment will occur immediately). If you

Show Excel Formula

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You are offered an annuity that will pay $24,000 per year for 11 years (the first payment will occur immediately). If you feel that the appropriate discount rate is 12.5%, what is the annuity worth to you today? You are offered an annuity that will pay $24,000 per year for 11 years (the first payment will occur immediately). If you feel that the appropriate discount rate is 12.5%, what is the annuity worth to you today

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