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Work Present Value Tuition Payments Next 2 Years Assume Tuition 30 000 Per Year Payable St Q17759570

Work out the present value of your tuition payments for the next2 years. Assume that the tuition is $30,000 per year, payable atthe start of the year. Your first tuition payment will occur in 6months, and your second tuition payment will occur in 18 months.You can borrow capital at an interest rate of 6% per annum.
 
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