samuellee4384 samuellee4384
  • 30-05-2024
  • Business
Answered

An investment will pay $200 at the end of each of the next 3 years, $400 at the end of Year 4, $500 at the end of Year 5, and $700 at the end of Year 6. If other investments of equal risk earn 5% annually, what is its present value?



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