Question: question 9-11) everything is the same except '20 years from now', 'a pension of $40,000 per year' , ' 30 years after retirement' and '6

question 9-11) everything is the same except '20 years from now', 'a pension of $40,000 per year' , ' 30 years after retirement' and '6 percent'

Exactly 15 years from now Mr. J. R. Smith will start receiving a pension of $20,000 per year. The pension payments will continue for 10 years after retirement. How much is the pension worth now if money is worth 10 percent per year

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