What is the present value of $2,125 per year, at a discount rate of 8 percent, if the first payment...

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What is the present value of $2,125 per year, at a discount rate of 8 percent, if the first payment is received 7 years from now and the last payment is received 21 years from now? 

 

Can anyone show me how to solve this type of cash flow problem? Problem. Please Help!

    • 11 years ago
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    pavan1001
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