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What is the present value of a 1000 USD annuity for 10 years, with the first payment occurring at the end of year 10 (that
What is the present value of a 1000 USD annuity for 10 years, with the first payment occurring at the end of year 10 (that is, ten 1000 USD payments occurring at the end of year 10 through year 19), given a discount rate of 10 percent?
Given a 10 percent discount rate, what is the present value of a perpetuity of 1000 USD per year if the first payment does not begin until the end of year 10?
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