Suppose you would like to receive $4000 at the beginning of each year forever (with the first

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Suppose you would like to receive $4000 at the beginning of each year forever (with the first payment starting today). If you can invest your money at 5% per year, how much do you need to invest today to generate these future cash flows?

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Personal Finance Turning Money into Wealth

ISBN: 978-0134730363

8th edition

Authors: Arthur J. Keown

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Posted Date: Oct 10, 2023 01:08 AM

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Suppose you would like to receive $4000 at the beginning of each year forever (with the first

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Personal Finance Turning Money into Wealth

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