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What is the present value of $ 4 comma 000$4,000 paid at the end of each of the next 7777 years if the interest rate
What is the present value of
$ 4 comma 000$4,000
paid at the end of each of the next
7777
years if the interest rate is
3 %3%
per year?
What is the present value of $4,000 paid at the end of each of the next 77 years if the interest rate is 3% per year? The present value is $ (Round to the nearest cent)Step by Step Solution
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