What is the present value of $2,925 per year, at a discount rate of 8 percent, if the first payment is received 10 years from now and the last payment is received 23 years from now?

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05-11-2022
Business

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What is the present value of $2,925 per year, at a discount rate of 8 percent, if the first payment is received 10 years from now and the last payment is received 23 years from now?

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