His recently departed dear aunt annie may she rest in peace
His recently departed dear Aunt Annie, may she rest in peace, has left Tom a 6-year annuity paying $4,500 per year. He will receive the first payment 4 years from today. If he is discounting at 7% (EAR), what is the present value of his inheritance?
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his recently departed dear aunt annie may she rest in peace has left tom a 6-year annuity paying 4500 per year he will
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