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Business, 18.09.2019 01:30 chloelandry

Afinancial company advertises on television that they will pay you $60,000 now in exchange for annual payments of $8,000 that you are expected to receive for a legal settlement over the next 12 years. you estimate the time value of money at 10 percent. (a) calculate the present value of the annual payments. use exhibit 1-d. (round time value factor to 3 decimal places and final answer to the nearest whole number.)

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Afinancial company advertises on television that they will pay you $60,000 now in exchange for annua...
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