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Starting the beginning of next year, you expect to receive five consecutive annual payments of $800 each. If the discount rate is 6%, what is
Starting the beginning of next year, you expect to receive five consecutive annual payments of $800 each. If the discount rate is 6%, what is the value of these payments today?
$2,434.15 | ||
$3,369.89 | ||
$3,996.11 | ||
$4,373.28 |
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