Mathematics, 02.02.2021 08:20, aalexissm
Your uncle has said that if you agree to finish college he will give you equal payments of $1,000 at the end of each year for the next eight years.
If the annual interest rate stays constant at 6%, what is the value of these payments in today's dollars? (Note: Round your answer to the nearest
whole dollar.)
O $6,583
O $5,279
$7,763
$6,210
Answers: 2
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