What is the most you should be willing to pay today for
A 15-paymetn annual annuity has its first payment in seven years. If the payment amount is $1400 and the interest rate is 7 percent, what is the most you should be willing to pay today for this investment?
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a 15-paymetn annual annuity has its first payment in seven years if the payment amount is 1400 and the interest rate is
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