Question
You won a small lottery that will pay you $15,000 per year for 25 years. If the first payment will occur at the end of
You won a small lottery that will pay you $15,000 per year for 25 years. If the first payment will occur at the end of this year and the appropriate discount rate is 3.5%, what is the present value of this promised payment stream?
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Stocks Bonds And Taxes A Comprehensive Handbook And Investment Guide For Everybody
Authors: Phillip B. Chute
1st Edition
1732885532, 978-1732885530
