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Determine present value of investment using seven percent

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Problem 1: An investment will pay $15,300 at the end of each year for eight years and a one-time payment of $153,000 at the end of the eighth year. (FV of $1, PV of $1, EVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) Determine the present value of this investment using a 7% annual interest rate.

Reference no: EM132735686

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