K aces A financial company that advertises on television will pay you $46,000 now for annual...
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K aces A financial company that advertises on television will pay you $46,000 now for annual payments of $8,000 that you are expected to receive for a legal settlement over the next 8 years. What is the present value of the annual payments if you estimate the time value of money at 9 percent? Numeric Response K aces A financial company that advertises on television will pay you $46,000 now for annual payments of $8,000 that you are expected to receive for a legal settlement over the next 8 years. What is the present value of the annual payments if you estimate the time value of money at 9 percent? Numeric Response
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PV of Annuity Annuity is series of cash flows that are deposited ... View the full answer
Related Book For
Personal Finance
ISBN: 978-0077861643
11th edition
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
Posted Date:
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