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What is the present value of these future benefits

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Question - Del Monty will receive the following payments at the end of the next three years: $10,000, $13,000, and $15,000. Then from the end of the fourth year through the end of the tenth year, he will receive an annuity of $16,000 per year. At a discount rate of 16 percent, what is the present value of these future benefits?

Reference no: EM133056670

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