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What is the value today of $2,000 per year, at a discount rate of 11 percent, if the first payment is received 7 years from
What is the value today of $2,000 per year, at a discount rate of 11 percent, if the first payment is received 7 years from now and the last payment is received 27 years from today?
Use calculator keys to compute. That is what I will use on the exam.
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