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Business, 20.09.2019 00:00 snlawson9053

Peter lynchpin wants to sell you an investment contract that pays equal $13,800 amounts at the end of each year for the next 16 years. if you require an effective annual return of 7 percent on this investment, how much will you pay for the contract today? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

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