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Payments received at the beginning

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What is the present value of $600 payments received at the beginning of each year for the next 10 years? Assume an interest rate of 8% compounded monthly.

Reference no: EM131401933

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Payments received at the beginning : What is the present value of $600 payments received at the beginning of each year for the next 10 years? Assume an interest rate of 8% compounded monthly.
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