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What is the value today of $4,400 per year, at a discount rate of 9 percent, if the first payment is received 5 years from
What is the value today of $4,400 per year, at a discount rate of 9 percent, if the first payment is received 5 years from today and the last payment is received 15 years from today? Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))Please show how you got the answer!!
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