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The present value of a lump sum of $40,000, to be received in 25 years, at 5% is $14,765.14
The present value of a lump sum of $40,000, to be received in 25 years, at 5% is $14,765.14
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American Public School Finance
Authors: William A. Owings, Leslie S. Kaplan
3rd Edition
113849996X, 978-1138499966
