Question: value: 12.00 points Problem 6-47 Present Value and Multiple Cash Flows [LO1] What is the value today of $3,800 per year at a discount rate

 value: 12.00 points Problem 6-47 Present Value and Multiple Cash Flows

value: 12.00 points Problem 6-47 Present Value and Multiple Cash Flows [LO1] What is the value today of $3,800 per year at a discount rate of 10 percent, if the first payment is received 6 years from today and the last payment is received 20 years from today? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Value today References eBook & Resources Worksheet Difficuity Intermediate Problem 6-47 Present Value and Multiple Cash Learning Objective: 06-01 How to de Flows [LO1) present value of investments with m

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