Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
JJ Co has decided to donate money to a cancer research fund every year for the next 25 years. They will make annual payments of $3.5 million.
JJ & Co has decided to donate money to a cancer research fund every year for the next 25 years. They will make annual payments of $3.5 million. What is the present value of their donation if the current market rate is 7.5%?
