Question: You have just started a new job and consider joining your employer's pension fund. Starting a year from now you will make the first payment

You have just started a new job and consider joining your employer's pension fund. Starting a year from now you will make the first payment of 2678 and you will be contributing in the fund for the next 16 years in total. Assuming that the opportunity cost of capital is 4 percent, what is the Present Value of your pension contributions?

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