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What is the present value of a five-year $20,000 ordinary annuity plus of a lump sum of $110,000 at the end of year 5. Discount
What is the present value of a five-year $20,000 ordinary annuity plus of a lump sum of $110,000 at the end of year 5.
Discount rate of 12%
Can you please show me how to do this in excel instead? Thank you!
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