Calculate the present value of an annuity

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Calculate the present value of an annuity that makes annual payments of $1,000,000 every year for 9 years, with the next payment being made exactly one year from now.  

Reference no: EM13847761

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Calculate the present value of an annuity : Calculate the present value of an annuity that makes annual payments of $1,000,000 every year for 9 years, with the next payment being made exactly one year from now.
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