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You will receive 25 annual payments of $21,500 each. The first payment will be received one year from today and the interest rate is 7.3%.
You will receive 25 annual payments of $21,500 each. The first payment will be received one year from today and the interest rate is 7.3%. What is the total value of the payments today?
$243,923.81 | ||
$241,885.62 | ||
$171,496.63 | ||
$159,829.10 |
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