Approached by two separate investors

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A small business owner has been approached by two separate investors who want to purchase his firm. Investor A has offered $15,000.00 per year for the next 6.00 years, while Investor B has offered $11,000.00 per year for 10.00 years. The business owner wants a 9.00% yearly return on his investment.What is the value today of Investor A's offer?Answer Format: Currency: Round to: 2 decimal places.

Reference no: EM132014390

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