How much would you have to invest today to receive a 6900


How much would you have to invest today to receive?

a. $6,900 each year for 19 years at 9 percent? (round PV factor to 3 decimal places and final answer to two decimal places.)

b. $46,000 each year for 25 years at 13 percent? (round PV factor to 3 decimal places and final answer to two decimal places.)

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Financial Management: How much would you have to invest today to receive a 6900
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