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  • Dec 6, 2008, 07:08 AM
    jmoning
    Computing Present Value
    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%)?
  • Dec 12, 2008, 05:46 PM
    pready

    $1,656.07

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

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