Mrs crawford will receive 8800 a year for the next 19 years


Mrs. Crawford will receive $8,800 a year for the next 19 years from her trust. Use Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods.

If a 15 percent interest rate is applied, what is the current value of the future payments?

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Financial Management: Mrs crawford will receive 8800 a year for the next 19 years
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