What is the value today of a money machine that will pay $4,950.00 per year for 26.00

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What is the value today of a money machine that will pay $4,950.00 per year for 26.00 years? Assume the first payment is made 9.00 years from today and the interest rate is 5.00%.

Posted Date: Jul 11, 2024 06:06 AM

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What is the value today of a money machine that will pay $4,950.00 per year for 26.00

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