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jmoning
Dec 6, 2008, 07:08 AM
What is the Present Value of receiving $500 per year each year for 4 years if the first payment is one year from today (discount rate = 8%)?
pready
Dec 12, 2008, 05:46 PM
$1,656.07

Use the present value of an ordinary annuity of $1 table for 4 periods at 8%.