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Mathematics, 10.03.2020 08:11 angie249

Peter Lynchpin wants to sell you an investment contract that pays equal $13,400 amounts at the end of each year for the next 24 years. If you require an effective annual return of 7 percent on this investment, how much will you pay for the contract today? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) Value today

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