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What is the present value of $2,525 per year, at a discount rate of 8%, if the first payment is received 6 years from now
What is the present value of $2,525 per year, at a discount rate of 8%, if the first payment is received 6 years from now and the last payment is received 27 years from now? No cashflows will be received for the first 6 years. This will be an annuity of cashflows
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