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Sport agent B, negotiated a long-term sponsorship deal that called for yearly payments to an athlete of $120,000 for five years with a discount rate

  1. Sport agent B, negotiated a long-term sponsorship deal that called for yearly payments to an athlete of $120,000 for five years with a discount rate of 12%. What is the present value of the athlete's deal?

please show work in excel file or with screenshots thank you!

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