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Business, 28.02.2020 19:20 akj2000

Liam is considering putting money in an investment plan that will pay him $52,000 in 12 years. If Liam's opportunity cost rate is 7 percent compounded annually, what is the maximum amount he should be willing to pay for the investment today?

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Liam is considering putting money in an investment plan that will pay him $52,000 in 12 years. If Li...
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