April Stigum will receive a 10-year annuity of $5,000 per year, beginning 5 years from today....

April Stigum will receive a 10-year annuity of $5,000 per year, beginning 5 years from today. In other words, the first payment will be made at the end of year 5. Assuming a required rate of return of 6%, calculate the present value today of her annuity. (Enter a positive value and round to 2 decimals).

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jeff jeffy answered 2 years ago

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