What is the value today of your ten deposits of 2000 each


You plan to deposit $2000 each year into an account for the next 10 years. The discount rate is 8% for the next four years and 12% after that.

What is the value today of your ten deposits of $2000 each? Explain how you determined this figure.

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Financial Management: What is the value today of your ten deposits of 2000 each
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