Question: Computing the Value of Deferred Annuity What is the present value of 10 years of annual cash receipts of $23,200 at the end of each

 Computing the Value of Deferred Annuity What is the present value

Computing the Value of Deferred Annuity What is the present value of 10 years of annual cash receipts of $23,200 at the end of each year that begins two years from today, assuming a 4% interest rate? Round answer to the nearest whole dollar. Do not use a negative sign with your answer. $ 188,173 X

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