AprilStigumwill receive a 10-year annuity of $5,000 per year, beginning 5 years from today.In other words, the

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AprilStigumwill receive a 10-year annuity of $5,000 per year, beginning 5 years from today.In other words, the first payment will be made at the end of year 5.Assuming a required rate of return of 6%, calculate the present value today of her annuity.(Enter a positive value and round to 2 decimals)

Posted Date: May 18, 2024 11:15 PM

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AprilStigumwill receive a 10-year annuity of $5,000 per year, beginning 5 years from today.In other words, the

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