What is the difference in the present value

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Question: You are scheduled to receive annual payments of $11,000 for each or the next 22 years. Your discount rate is 8 percent. What is the difference in the present value if you receive these payments at the beginning of each year rather than at the end of each year? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132078672

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