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Mathematics, 22.02.2021 01:30 jeanma0

A wealthy man just died and left his pet dogs the following estate: $20,000 per year for the next 11 years with the first cash flow today. At a discount rate of 4.2%, what is the doggy estate worth in today's dollars?

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A wealthy man just died and left his pet dogs the following estate: $20,000 per year for the next 11...
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