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Business, 18.02.2020 17:39 cocoarockford

What is the present value of a series of payments that grow by 10% per year over 5 years. The starting value is $50,000 at the end of year 1. The interest rate (discount rate) is 6%, compounded annually.

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What is the present value of a series of payments that grow by 10% per year over 5 years. The starti...
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