Arizona State University FIN FIN 300 Beginning in 10 years, (beginning of years 10, 11, 12 and 13) Sally…
Beginning in 10 years, (beginning of years 10, 11, 12 and 13) Sally Mander will receive four annual benefit checks of $15,000 each. If Sally assumes an interest rate of 5%, what is the present value of these checks?
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