Question: This question: 2 point(s) possible (Present value of complex cash flows) How much do you have to deposit today so that beginning 11 years from
This question: 2 point(s) possible (Present value of complex cash flows) How much do you have to deposit today so that beginning 11 years from now you can withdraw 57,000 a year for the next 7 year additional amount of 514,000 in the last year period 1777 Assume an interest rate of 6 percent The amount of money you have to deposit today iss (Round to the nearest cent)
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