Business, 01.07.2020 20:01 adriannabrooks18

A rich aunt has promised you $2,340.00, one year from today. In addition, each year after that , she has promised a payment (on the anniversary of the last payment) that is 2.00% larger than the last payment. She will continue to show this generosity for 25 years, giving a total of 25 payments. If the interest rate is 9.00%, what is her promise worth today

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A rich aunt has promised you $2,340.00, one year from today. In addition, each year after that , she...

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