SOLUTION: What would you be willing to pay today to receive $5000 at the beginning of each year for the next 10 years if interest is earned at a rate of 8% compounded annually?
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Question 250162: What would you be willing to pay today to receive $5000 at the beginning of each year for the next 10 years if interest is earned at a rate of 8% compounded annually? Answer by richwmiller(17219) (Show Source):
