About the present value, What is the present value of a

About the present value

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Reference no: EM13971223

What is the present value of a $1,000 annuity for 10 years, with the first payment occurring at the end of year 10 (that is, ten $1,000 payments occurring at the end of year 10 through 19), given a discount rate of 10 percent?

Reference no: EM13971223

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