What is the value today of a money machine that will pay $ 2 , 5 5

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Question:

What is the value today of a money machine that will pay $

2, 552.00

every six months for

10.00

years? Assume the first payment is made six months from today and the interest rate is

10.00 % .

round answer

2

decimal places

Related Book For answer-question

Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Apr 20, 2024 03:59 PM

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What is the value today of a money machine that will pay $ 2 , 5 5

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Principles of Finance

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