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18 August, 17:45

What is the present value of $1,400 per year, at a discount rate of 11 percent, if the first payment is received 9 years from now and the last payment is received 25 years from now?

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  1. 18 August, 19:39
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    For 9 years

    $547.295

    for 25 years

    $103.051
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