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you are promised $10000 a year for six years after which you will receive $5000 a year for six years If you can earn 8 percent annually what is the present value of this stream of payments

you are promised $10,000 a year for six years after which you will receive $5,000 a year for six years. If you can earn 8 percent annually, what is the present value of this stream of payments?

May 15 2020 View more View Less

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