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What is the value today of $1,100 per year, at a discount rate of 8 percent, if the first payment is received 7 years from
What is the value today of $1,100 per year, at a discount rate of 8 percent, if the first payment is received 7 years from now and the last payment is received 23 years from today? |
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$6,196.54
$6,135.65
$6,323.00
$2,747.36
$10,133.80
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