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    4. Present value of 30 payments of $6,000 at 4% discount rate
    Present value of 30 payments of $6,000 at 4% discount rate

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    0  Views: 328 Answers: 1 Posted: 13 years ago
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      30 x $6,000 = $180,000. 4% discount of $18,000: $18,000 - ($18,000 x 0.04) = %17,280.

      13 years ago. Rating: 0
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