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Determine present value of investment-percent interest rate
Course:- Financial Accounting
Reference No.:- EM13789039





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An investment will pay $11,000 at the end of each year for nine years and a one-time payment of $100,000 at the end of the ninth year. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.)

Determine the present value of this investment using a 8 percent interest rate.




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