Assume that starting next year, you will receive payments of $ 405 every year for...
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Accounting
Assume that starting next year, you will receive payments of $ 405 every year for 5 years. The discount rate it 4 %. What is the present value of these payments? Enter your answer in terms of dollars and cents, rounded to 2 decimals, and without the dollar sign. That means, for example, that if your answer is $127.5678, you must enter 127.57
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