Business, 30.03.2020 23:36, felipeee4609

Salvatore has the opportunity to invest in a scheme which will pay $ 10 comma 000 at the end of each of the next 5 years. He must invest $ 20 comma 000 at the start of the first year and an additional $ 20 comma 000 at the end of the first year. What is the present value of this investment if the interest rate is 8%?

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Salvatore has the opportunity to invest in a scheme which will pay $ 10 comma 000 at the end of each...