What is the present value? of investment

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What is the present value? (PV) of an investment that pays ?$20,000 every year for 7 ?years, starting one year from? today? Assume that the interest rate is 8?% ?APR, compounded quarterly. What is the present value of this? investment, assuming quarterly? compounding? ??(Round your answer to the nearest? cent, but do not round intermediate? values.)

Reference no: EM131868357

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