Determine the present value of a series of 36 monthly. Payments of $5000 each that begins one

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Determine the present value of a series of 36 monthly. Payments of $5000 each that begins one month from today.

Assume interest of 18 percent per year compounded monthly. $?

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Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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Posted Date: May 15, 2023 02:47 AM

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Determine the present value of a series of 36 monthly. Payments of $5000 each that begins one

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