Question regarding the eventual payment stream, Accounting Basics

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Question regarding the eventual payment stream

Problem:

James booked signs an employment contract that guarantees him 35,000 at the end of each year when he retires in 4 years.

Required:

Question: If funds earn 8%per year find the present value needed today to meet the eventual payment stream.

Note: Please answer in proper manner and show all computations

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Accounting Basics: Question regarding the eventual payment stream

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Accounting Basics: Question regarding the eventual payment stream

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