What is the present value of 1100 per year at a discount
What is the present value of $1,100 per year, at a discount rate of 10 percent if the first payment is received 6 years from now and the last payment is received 30 years from now?
a. $6,200
b . $6,239
c. $6,333
d. $6,420
e. $6,511
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