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  3. an investment offers payments of $12,400 per year

An investment offers payments of $12,400 per year starting 1 year from now; it grows...

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Finance

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An investment offers payments of $12,400 per year starting 1 year from now; it grows at 7.5% per year: a. If the investment has 25 payments, what is the current value of the investment? b. If the investment has 50 payments, what is the current value of the investment? a. If the investment has 100 payments, what is the current value of the investment? a. If the payments last indefinitely, what is the current value of the investment

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