Question: Lets say one has a choice choice between receiving $P today or receiving $5,000 per year for 5 years starting at t = 2. What

Lets say one has a choice choice between receiving $P today or receiving $5,000 per year for 5 years starting at t = 2. What must the value of P be for you to be indifferent between the two choices if interest rate is 5 percent each year

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