Question: Need help plugging this into excel. What is the present value of the following annuity? $4,844 every year at the end of the year for
Need help plugging this into excel. What is the present value of the following annuity?
$4,844 every year at the end of the year for the next 11 years, discounted back to the present at 6.33 percent per year, compounded annually round the answer to two decimal places?
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