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solve the problem and explain it and drow the time diagram to understand it please. Question A borrower will pay you $400 of interest per

solve the problem and explain it and drow the time diagram to understand it please. image text in transcribed

Question A borrower will pay you $400 of interest per year continuously from today, and also pay back the principal of $9,000 twenty years from now. Calculate the present value of the borrower's debt when the annual effective interest rate is 5%

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