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Warren Buffet has decided to fund your new charitable company. He will give you an annuity of $2,000 per year for nine years. You will
Warren Buffet has decided to fund your new charitable company. He will give you an annuity of $2,000 per year for nine years. You will receive the first payment two years from today. At a discount rate of 9%, what is the present value of this annuity?
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