What is the present value of $1,284 received at the beginning of each month for a...
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What is the present value of $1,284 received at the beginning of each month for a period of 4 years? Use a remunerative rate of 8.80% pa at monthly rest and a replacement rate of 4% pa at monthly rest. Round your answer to whole dollars. What is the present value of $1,284 received at the beginning of each month for a period of 4 years? Use a remunerative rate of 8.80% pa at monthly rest and a replacement rate of 4% pa at monthly rest. Round your answer to whole dollars.
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