Mathematics, 02.02.2021 08:30 kris22elizondop9v1bb

You found out that now you are going to receive payments of $7,000 for the next 14 years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at 14%.
What is the present value of these payments? (Note: Round your answer to the nearest whole dollar.)
$64,661
$38,318
$47,897
$42,015

Answers: 3

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