Question: I don't understand how to do this one. Can someone help? What is the value today of $1,300 per year, at a discount rate of

I don't understand how to do this one. Can someone help?

What is the value today of $1,300 per year, at a discount rate of 7 percent. If the first payment is received 4 years from now and the last payment is received 25 years from today

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