You Are Scheduled To Receive Annual Payments Of $5,100 For Each Of The Next 7 Years.?

You are scheduled to receive annual payments of $5,100 for each of the next 7 years. The discount rate is 10 percent. What is the difference in the present value if you receive these payments at the beginning of each year rather than at the end of each year?
$2,513
$2,727
$2,721
$2,483
$2,804

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One Response to “You Are Scheduled To Receive Annual Payments Of $5,100 For Each Of The Next 7 Years.?”

  1. JRHRLH says:

    How is this a government question?
    Sounds like homework to me.

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