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Problem:

James booked signs an employment contract that guarantees him 35,000 at the end of each year when he retires in 4 years.

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Question: If funds earn 8%per year find the present value needed today to meet the eventual payment stream.

Note: Please answer in proper manner and show all computations

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91167750

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