You recieve a payment today of 2000000 and then monthly


You recieve a payment today of $2,000,000, and then monthly payments of $35,000 each for 4 years (48 total monthly payments), with the first of the monthly payments occurring one year from today. If you use a discount rate of 2.28% APR with monthly compounding, what is the present value as of today ?

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Financial Management: You recieve a payment today of 2000000 and then monthly
Reference No:- TGS02145971

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