Question: On this date in 2 0 2 8 , you will receive the 1 s t annual payment of $ 7 , 5 0 0

On this date in 2028, you will receive the 1st annual payment of $7,500. The annual payments will continue through and including this date in 2034.
a. How many payments will you receive?
b. If you required return is 8%, find value today of this annuity. [
On this date in 2028, you will receive the 1st annual

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