What is the value of an investment that pays 17000 every, Financial Management

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What is the value of an investment that pays 17000 every

Question

What is the value of an investment that pays $17,000 every other year forever, if the first payment occurs one year from today and the discount rate is 9 percent compounded daily?

(Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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Financial Management: What is the value of an investment that pays 17000 every

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Financial Management: What is the value of an investment that pays 17000 every

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