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What is the present value (PV) of an investment that pays $80,000 every year for four years if the interest rate is 8% APR, compounded
What is the present value (PV) of an investment that pays $80,000 every year for four years if the interest rate is 8% APR, compounded quarterly?
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Introduction To Finance Markets, Investments, And Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
17th Edition
1119561175, 978-1119561170
