You will receive 20 every other year beginning 2 years from


You will receive $20 every other year beginning 2 years from now. This will continue forever. If interest is 10% per year compounded yearly, what is the present equivalent of this cash flow series?

Please show hand calculations. No excel

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Business Economics: You will receive 20 every other year beginning 2 years from
Reference No:- TGS01419661

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