Ethan sells his car to seamus seamus promises to pay ethan


Ethan sells his car to Seamus. Seamus promises to pay Ethan $950 at the end of each year for 10 years. What is the present value of Seamus's promised payments if the interest rate is 8 %?

What is the present value of Seamus's promised payments?

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Financial Management: Ethan sells his car to seamus seamus promises to pay ethan
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