Question: Complex present value ) How much do you have to deposit today so that beginning 1 1 years from now you can withdraw $ 1

Complex present value) How much do you have to deposit today so that beginning 11 years from now you can withdraw $10,000 a year for the next 5 years (peri-ods 11 through 15) plus an additional amount of $20,000 in that last year (period 15)? Assume an interest rate of 6 percent.

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