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QUESTION
lue of an investment that pays $10,000 every year at the year end for the next five years and $15,000 every year at year end for years six through 10?...
What is the present value of an investment that pays $10,000 every year at the year end for the next five years and $15,000 every year at year end for years six through 10? The annual rate of interest for the investment is 9%.
