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What is the value today of receiving $1,498.00 per year forever? Assume the first payment is made next year and the discount rate is 4.00%.

image text in transcribed What is the value today of receiving $1,498.00 per year forever? Assume the first payment is made next year and the discount rate is 4.00%. Answer format: Currency: Round to: 2 decimal places. Attempts Remaining: Infinity

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