An annuity makes a sequence of annual payments starting a, Financial Management

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An annuity makes a sequence of annual payments starting a

An annuity makes a sequence of annual payments (starting a year from now) of 2700 dollars. If the payments were to last twice as long, the present value of the annuity would increase by 20 percent. If the payments were to last 4 times as long, what would be the present value now of the final payment? Answer = dollars. (3 decimal place)

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