What is the present value of an investment
Question:
What is the present value of an investment which compounds annually at 10% and starts at $10,000/year and decreases by 8% per year for 10 years (starting with the second year)?
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What is the present value of an investment which compounds annually at 10% and starts at $10,000/year and decreases by 8% per year for 10 years
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