An NBA player is receiving $15 million at the end of each of the next seven years.
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An NBA player is receiving $15 million at the end of each of the next seven years. He can earn 6 percent per year on his investments. What is the present value of his future salary payments?
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To calculate the present value of the NBA players future salary payments we need to use the present ...View the full answer
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Microsoft Excel Data Analysis And Business Modeling
ISBN: 9780137613663
7th Edition
Authors: Wayne Winston
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