Question: Question 24 (1 point) You just learnt that you are going to receive $300 a year forever. In addition, this amount will increase at the

 Question 24 (1 point) You just learnt that you are going

Question 24 (1 point) You just learnt that you are going to receive $300 a year forever. In addition, this amount will increase at the rate of 5% forever. However, these payments will not begin until five years from today. What is the present value of these payments assuming a discount rate of 6%? 22,417.75 23,762.81 25,188.58 30,000.00

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