Monday

December 22, 2014

December 22, 2014

Posted by **Anonymous** on Monday, November 23, 2009 at 10:28pm.

- Finance -
**Anonymous**, Saturday, November 28, 2009 at 9:41pmJean will receive $8,500 per year for the next 15 years from her trust. If a 7% interest rate is applied, what is the current value of the future payments? Describe how you solved this problem, including which table (for example, present value and future value) was used and why.

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