Question: Problem 5 - 3 3 Delayed Annuities ( LO 3 ) Suppose that you will receive annual payments of $ 1 7 , 0 0

Problem 5-33 Delayed Annuities (LO3)
Suppose that you will receive annual payments of $17,000 for a period of 10 years. The first payment will be made 4
years from now. If the interest rate is 5%, what is the present value of this stream of payments?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
Problem 5-33 Delayed Annuities (LO3) Suppose that you will receive annual

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