What is the value today of $5,100 per year, at a discount rate of 7.9 percent, if
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What is the value today of $5,100 per year, at a discount rate of 7.9 percent, if the first payment is received 6 years from today and the last payment is received 20 years from today?
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FV PV1 rn where FV Future value PV Present value r discount ra...View the full answer
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781265553609
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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