E9-15(Algo) Computing a Present Value Involving an Annuity and a Single Payment LO 9-7 ...
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EAlgo Computing a Present Value Involving an Annuity and a Single Payment LO An investment will pay $ at the end of each year for eight years and a onetime payment of $ at the end of the eighth year. Note: Use Excel. Required: Determine the present value of this investment using a percent annual interest rate. Note: Round your final answer to the nearest whole dollar. Present value of investment
EAlgo Computing a Present Value Involving an Annuity and a Single Payment LO
An investment will pay $ at the end of each year for eight years and a onetime payment of $ at the end of the eighth year.
Note: Use Excel.
Required:
Determine the present value of this investment using a percent annual interest rate.
Note: Round your final answer to the nearest whole dollar.
Present value of investment
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