What is present value of these trust payments

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You have inherited a trust that will provide you some income for the next 20 years. Next year the trust will pay you $35,000. The following year it will pay you $25,000. Suppose that you expect this alternating pattern of cash flows to continue for the next 20 years.

a. What is the present value of these trust payments if your opportunity cost is 10% annually?

(Manually Calculate)

Reference no: EM131948535

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