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Three Years from Now You Will Begin Receiving Annual Payments

Question 79

Multiple Choice

Three years from now you will begin receiving annual payments of $7,200.This will continue for 14 years.At a discount rate of 5.8%,what is the present value of this stream of cash flows?


A) $60,534.84
B) $57,216.29
C) $64,045.86
D) $54,523.00
E) $51,253.11

Correct Answer:

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