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Ksivusya [100]
3 years ago
12

Sunland Company makes an investment today (January 1, 2020). They will receive $77000 every December 31st for the next six years

(2020 – 2025). If Sunland wants to earn 9% on the investment, what is the most they should invest on January 1, 2020?
Business
1 answer:
ELEN [110]3 years ago
6 0

Answer:

see explanation

Explanation:

The most they should invest on January 1, 2020 is called the Present value Amount. Thus calculate the Present Value.

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