Question: annuity Present value. Jim Nance has.been offered a future payment of $500 three years from today if his opportunity cost is 7% compounded annually, what

annuity Present value. Jim Nance has.been offered a future payment of

annuity Present value. Jim Nance has.been offered a future payment of $500 three years from today if his opportunity cost is 7% compounded annually, what value should he place on this opportunity today? What is the most he should pay to purchase this payment today

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