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What is the value today of a money machine that will pay$2,505.00 per year for 16.00 years? Assume the first payment ismade 4.00 years from

What is the value today of a money machine that will pay$2,505.00 per year for 16.00 years? Assume the first payment ismade 4.00 years from today and the interest rate is 13.00%. Pleaseexplain to m 2 answers

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