What is the current value of the future payments, Financial Accounting

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What is the current value of the future payments

Problem

Mrs. Crawford will receive $8,250 a year for the next 15 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 7 percent interest rate is applied, what is the current value of the future payments?

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Financial Accounting: What is the current value of the future payments

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