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You are going to make $1000 annual payments. The first one will start in 5 years from now and last one will be in 13
You are going to make $1000 annual payments. The first one will start in 5 years from now and last one will be in 13 years from now. If the rate is 10% what is the present value of these 9 payments today?
Question 12 options:
| $2974.70 |
| $3325.20 |
| $3643.83 |
| $3933.49 |
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