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Swifty Corporationwill receive $31000today (January 1, 2017), and also on each January 1st for the next five years (2018 - 2022). What is the present
Swifty Corporationwill receive $31000today (January 1, 2017), and also on each January 1st for the next five years (2018 - 2022). What is the present value of the six $31000receipts, assuming a11% interest rate?
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