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You receive $ 2 3 , 0 0 0 in annual royalties from an oil company. Also, you expect these royalties to grow 3 %

You receive $ $23, 000$ in annual royalties from an oil company. Also, you expect these royalties to grow $3 %$ annually. If your discount rate is $7.12 %$ and the time frame is $15$ years, what is the present value of these royalties?

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You receive $ 2 3 , 0 0 0 in annual royalties from an oil company. Also, you expect these royalties to grow 3 %

You receive $23,000 in annual royalties from an oil company. Also, you expect these royalties to grow 3% annually. If your discount rate is 7.12% and the time frame is 15 years, what is the present value of these royalties?

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You receive $ $23, 000$ in annual royalties from an oil company. Also, you expect these royalties to grow $3 %$ annually. If your discount rate is $7.12 %$ and the time frame is $15$ years, what is the present value of these royalties?