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Investment x offers to pay you 5500 per year for eight

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Investment x offers to pay you $5,500 per year for eight years, whereas investment y offers to pay you $7,600 per year for five years. calculate the present value for investment x and y if the discount rate is 5 percent? Calculate the present value for investment xand y if the discount rate is 15 percent.

Reference no: EM13589294

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