What is the present value of 2525 per year at a discount, Ask an Expert

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What is the present value of $2,525 per year, at a discount rate of 8 percent, if the first payment is received 6 years from now and the last payment is received 27 years from now?

(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92750288

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