**Question: **What is the present value of a series of $1150 payments made every year for 14 years when the discount rate is 9 percent? Recalculate the present value using discount rate of 11 percent and 12 percent. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Recalculate the present value using discount rate : What is the present value of a series of $1150 payments made every year for 14 years when the discount rate is 9 percent? Recalculate the present value. |

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