Mrs. Crawford will receive $7,600 a year for the next 19 years from her trust. If a

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Mrs. Crawford will receive $7,600 a year for the next 19 years from her trust. If a 14 percent interest rate is applied, what is the current value of the future payments?

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Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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Question Posted: Oct 14, 2014 06:47 AM

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Mrs. Crawford will receive $7,600 a year for the next 19 years from her trust. If a

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Foundations of Financial Management

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