Question: Given a 6 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,850, $2,150, $2,150, and
Given a 6 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,850, $2,150, $2,150, and $2,250. i keep getting 20,377.42 using the formula, but it is wrong...
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