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Answer to Question #240583 in Civil and Environmental Engineering for Alan Enrico V Tuib
Question #240583
How much money should you be willing to pay now for a guaranteed $600 per year for 9 years starting
next year, at a rate of return of 16% per year?
next year, at a rate of return of 16% per year?
Expert's answer
The answer to your question is provided in the image:
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