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Business, 19.02.2020 23:24 mirandac6775

Marcus is scheduled to receive annual payments of $3,600 for each of the next 12 years. The discount rate is 8 percent. What is the difference in the present value if these payments are paid at the beginning of each year rather than at the end of each year?

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Marcus is scheduled to receive annual payments of $3,600 for each of the next 12 years. The discount...
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