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Based upon $50,000,000 or 20 equal annual payments of $2,500,00.Compute the Present Value of the amounts to be received: Below are compound interest amounts for 10% and 20 periods taken from the appropriate tables.

Future value of a lump sum 6.723
present value of a lump sum .149
Future value of an ordinary annuity 57.275
present value of an ordinary annuity 8.514
present value of an annuity due 9.365

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9976453

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