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tT
发表于 2011-7-11 18:37 | 只看该作者

Annuity Headache...

through, present, required, received, payments
What is the present value of a stream of $4,000 payments received at the end of years 8 through 22 if the required return is 7% per year?

Ans: $22,687.81


For whatever reason, I can't get to this answer...any help on what I'm missing?

 

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