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What is the value today of $4,000 per year, at a discount rate of 10 percent, if the first payment is received 6 years from
What is the value today of $4,000 per year, at a discount rate of 10 percent, if the first payment is received 6 years from today and the last payment is received 20 years from today? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
Value today | $ |
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