Suppose the interest rate is 5 and that you are to receive, Business Economics

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Suppose the interest rate is 5 and that you are to receive

Suppose the interest rate is 5% and that you are to receive three annual payments of $10,000, with the first payment one year from now, the second payment two years from now, and the third payment three years from now. What is the present value of this stream of payments?

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Business Economics: Suppose the interest rate is 5 and that you are to receive

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