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You found out that now you are going to receive payments of $9,500 for the next 17 years. You will receive these payments at the
You found out that now you are going to receive payments of $9,500 for the next 17 years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at 14%. What is the present value of these payments? (Note: Round your answer to the nearest whole dollar.)
You found out that now you are going to receive payments of $9,500 for the next 17 years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at 14%. What is the present value of these payments? (Note: Round your answer to the nearest whole dollar.) O $93,176 O $55,215 O $60,543 $69,019Step by Step Solution
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