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Category > Business & Finance Posted 01 Jun 2017 My Price 11.00

Your late Uncle Vern’s will entitle

Your late Uncle Vern’s will entitles you to receive $1,000 at the end of every other year for the next two decades. The first cash flow is two years from now. At a 10 percent compound annual interest rate, what is the present value of this unusual cash-flow pattern? (Try to solve this problem in as few steps as you can.)

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Status NEW Posted 01 Jun 2017 05:06 AM My Price 11.00

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