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04-03-2020
Business

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What is the present value of the following series of payments:
$300 made at the end of every year starting in year 1 and ending in year 30 EXCEPT there will be no payment of any kind at the end of year 15?
Interest is 8% annual rate compounded annually.

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sachedoe23 sachedoe23

04-03-2020

Answer:

he made about 300

Explanation:

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