Question
What is the present value of $10,000 paid at the end of each of the next 60 years if the interest rate is 3% per
What is the present value of $10,000 paid at the end of each of the next 60 years if the interest rate is 3% per year?
The present value is ____________
(Round to the nearest dollar.)
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Financial Accounting
Authors: Robert F. Meigs, Jan R. Williams, Mark S. Bettner, Susan F. Haka, Sue Haka
11th Edition
0072516682, 978-0072516685
