What is the present value of RM2,400 a year at a discount rate of 8% if...

What is the present value of RM2,400 a year at a discount rate of 8% if the first payment is received 7years from now and you received a total of 25 annual payments?

Expert Solution

present value of 25 annual payments received now = RM 16,144.6073448

jeff jeffy answered 2 years ago

What is the present value of $1,400 a year at a discount rate of 8 percent...

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