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22 December, 15:31

You have a sub-contracting job with a local manufacturing firm. your agreement calls for 5 annual end-of-year payments of $50,000 over the next five years, with the first payment being made a year from today. at a discount rate of 12%, what is the value today of this payment stream?

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  1. 22 December, 15:58
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    PW = 50000 * (((1.12^5) - 1) : (.12*1.12^5)) = $180239
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