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What is the present value of $3,100 per year, at a discount rate of 9...

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Accounting

What is the present value of $3,100 per year, at a discount rate of 9 percent, if the first payment is received 5 years from now and the last payment is received 15 years from now? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

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