Question: Present value of a complex stream) Don Draper has signed a contract that will pay him $70,000 at the end of each year for the

Present value of a complex stream) Don Draper has signed a

contract that will pay him $70,000 at the end of each year

Present value of a complex stream) Don Draper has signed a contract that will pay him $70,000 at the end of each year for the next 7 years, plus an additional $150,000 at the end of year 7. If 8 percent is the appropriate discount rate, what is the present value of this contract? The present value of the contract is $ (Round to the nearest cent.) Enter your answer in the answer box. 11:41 PM 75F Cloudy 6/8/2021 goo. (Present value of a complex stream) Don Draper has signed a contract that will pay him $70,000 at the end of each year for the next 7 years, plus an additional $150,000 at the end of year 7. If 8 percent is the appropriate discount rate, what is the present value of this contract? The present value of the contract is $ (Round to the nearest cent.) Enter your answer in the answer box. 11:41 PM 75F Cloudy 6/8/2021

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