Question: Apts Jim Yates was asked to evaluate a proposal to invest some money today so that he can receive 7 annual payments of $45,000 each

Apts Jim Yates was asked to evaluate a proposal to invest some money today so that he can receive 7 annual payments of $45,000 each year beginning in 37 years. Jim should invest $ [ Select invest today if he desires an interest rate of 10.5%

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