You have just been notified that you will receive $7,500 a year for the next 18 years from an inherited trust If the interest rate is 11 percent, how much should you be willing to accept today in exchange for the annual payments (Enter your answer as a positive number rounded to 2 decimal places )...

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Accounting Texts and Cases

ISBN: 978-1259097126

13th edition

Authors: Robert Anthony, David Hawkins, Kenneth Merchant

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Posted Date: Dec 21, 2022 05:35 AM

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Accounting Texts and Cases

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