What is the present value of an annuity that pays 15000 at


What is the present value of an annuity that pays $15,000 at the end of each year for the next ten years if the discount rate is 7.2%? What would be the present value of the same annuity if the payments were made on the first day of each year?

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Financial Management: What is the present value of an annuity that pays 15000 at
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