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Present value of an annuity. Lease payments of $3,...

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Present value of an annuity. Lease payments of $3,895.50 for a 10 year period. starting at the end of this year. If the firm uses a 9 percent discount rate, what is the present value of this annuity? Round to the nearest dollar.

 

Paper#11830 | Written in 18-Jul-2015

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