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Posted on Aug 30, 2024

You just signed a consulting contract that will pay you $ 2 7 , 0 0 0 , $ 3 1 , 0 0 0

You just signed a consulting contract that will pay you $

27, 000,

31, 000,

and $

44, 000

at the end of the next three years, respectively. What is the present value of this contract given a discount rate of

12.7

percent?

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