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You will receive a series of $1,236 payments, annually, beginning exactly 4 years from today, for a total of 10 payments. The relevant interest rate
You will receive a series of $1,236 payments, annually, beginning exactly 4 years from today, for a total of 10 payments. The relevant interest rate (your opportunity cost) is 6% (as an EAR). The present value today (year O) of this series of payments is $ Margin of error for correct answers: +/-.05. Do not enter commas or a dollar sign. Do not round any intermediate work. Round your final answer to 2 decimal places (ex: if your answer is 12.345678 then you should enter 12.35)
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