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What is the present value (P) of a series of payments decreasing geometrically: A base payment at the end of the first period of $
What is the present value (P) of a series of payments decreasing geometrically: A base payment at the end of the first period of $ 9,000 decreasing at a rate of 10% per year until year t = 10 and an interest rate of 17% per year each / annual?
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