Question: QUESTION 7 What is the present value, when interest rates are 6 percent, of a $51 payment made at the end of each year forever

QUESTION 7 What is the present value, when interest rates are

QUESTION 7 What is the present value, when interest rates are 6 percent, of a $51 payment made at the end of each year forever when the first payment begins at the end of year 17? Answers should be rounded to two decimal places. Example $3.25

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