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Starving Artists is an organization that supports painters by giving them a guaranteed income. Majd has been promised an annual payment from Starving Artists. The

Starving Artists" is an organization that supports painters by giving them a guaranteed income. Majd has been promised an annual payment from Starving Artists. The 10 payments start today ($10,000) and increase by 2% per year. Assume that the interest rate is 14%. What is the value today of the Starving Artist grant?"

In Excel using only PV formula

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