Question: Group Ass. (1) A 2 3 4 Exercise 1 Your uncle has just announced that he is going to give you $10,000 per year at

 Group Ass. (1) A 2 3 4 Exercise 1 Your uncle

Group Ass. (1) A 2 3 4 Exercise 1 Your uncle has just announced that he is going to give you $10,000 per year at the end of each of the next 4 years. If the relevant interest rate is 7%, what is the value today of this promise

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