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What is the value today of a money machine that will pay $5,287.00 per year for 40.00 years? Assume the first payment is made today
What is the value today of a money machine that will pay $5,287.00 per year for 40.00 years? Assume the first payment is made today and that there are 40.0 total payments. The interest rate is 9.00%. Answer Format: Currency: Round to: 2 decimal places. Enter Answer Here
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