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SOLVE IN EXCEL, SHOW FORUMLAS PLEASE. I UPVOTE ANSWERS Suppose that there is an investment that will pay you and your heirs $10,000 each year

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SOLVE IN EXCEL, SHOW FORUMLAS PLEASE. I UPVOTE ANSWERS

Suppose that there is an investment that will pay you and your heirs $10,000 each year in perpetuity. If the first payment is to be received in 9 years, how much would you be willing to pay for it today? Assume a 5.0% annual interest rate. (2 points)

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