Question: NOTE: PLEASE USE EXCEL FOR EXCEL FORMULA 7. You receive $5,000 per year for the next 20 years from your Grandmothers trust. If a 7%

NOTE: PLEASE USE EXCEL FOR EXCEL FORMULA

7. You receive $5,000 per year for the next 20 years from your Grandmothers trust. If a 7% interest rate is applied, what is the present value of the future payment?

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