What is present worth of investments of hundred dollars made
Problem
If today is December 31st, what is the present worth of investments of $100 made at the end of every year, including this one, for eight years in total if the interest rate is 12%?
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What is the present worth of investments of $100 made at the end of every year, including this one, for eight years in total if the interest rate is 12%?
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