Jean will receive 8500 per year for the next 15 years from, Ask an Expert

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Jean will receive $8,500 per year for the next 15 years from her trust. If a 7% interest rate is applied, what is the current value of the future payments? Describe how you solved this problem, including which table (for example, present value and future value) was used and why.

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Category:- Basic Finance
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