The company will receive the payments for 12 years what is, Financial Management

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The company will receive the payments for 12 years what is

The Bitler Company made an investment of $146819. In return, the company will begin to receive annual payments of $61754, with the first payment occurring at the end of year 6. The company will receive the payments for 12 years. What is the annual worth of this investment? Use a MARR of 7% to make the calculation.

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