What is the value of an investment that will pay investors, Ask an Expert

Economics

What is the value of an investment that will pay investors 2,980 dollars per year for 7 years and will also pay investors an additional 4,970 dollars in 1 year(s) from today if the expected return for the investment is 7.45 percent per year and the first annual payment of 2,980 dollars will be paid to investors in exactly one year from today?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91727079

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