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09-02-2018
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What is the present value of $1,400 per year, at a discount rate of 11 percent, if the first payment is received 9 years from now and the last payment is received 25 years from now?

Respuesta :

manandhanteja manandhanteja

11-02-2018

for 9 years
$547.295

for 25 years
$103.051

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