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Asked by April

what is the present value of $2500 per year for 9 years discounted back to the present at 11 percent?
10 years ago

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Answered by Mia
P=FV/(1+.11)^9
P=2500/(1.11)^9

P=$977.31
10 years ago
Answered by James
That answer is way off, grow up!
10 years ago
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what is the present value of $2500 per year for 9 years discounted back to the present at 11 percent?

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