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What is the current economic value of an inheritance that will pay $2600 to the beneficiary at the beginning of every three months for 15
What is the current economic value of an inheritance that will pay $2600 to the beneficiary at the beginning of every three months for 15 years, starting when the beneficiary reaches 20 years of age, 5 1/2 years from now? Assume money is worth 6.6% compounded monthly? I NEED BAII Plus CALCULATIONS WITHOUT USING ANY FORMULAS, USING THE BAII Plus CALCULATOR ONLY!!!
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