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What is the value today of receiving $2,778.00 per year forever? Assume the first payment is made 5.00 years from today and the discount rate
What is the value today of receiving $2,778.00 per year forever? Assume the first payment is made 5.00 years from today and the discount rate is 5.00%.
Suppose you deposit $2,775.00 into an account today that earns 8.00%. In 3.00 years the account will be worth $________.
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