What's the present value of $1,400 per year, at a discount rate of 11%, if...
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Finance
| What's the present value of $1,400 per year, at a discount rate of 11%, if the first payment is received 9 years from now and the last payment is received 26 years from now? |
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Multiple Choice (Select an Answer)
A. $4,585.87
B. $10,882.26
C. $2,537.34
D. $4,585.14
E. $4,678.71
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