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You expect to receive the following:

$2551 at the end of each year for 12 years

$19153 today

$3840 at the end of year 6

$1536 at the end of each year forever

$8746 at the end of 15 years

What is the uniform annual payment for 12 years is equivalent to the above payment if the interest rate is 8%?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91867095

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