# Help Required

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• Aug 1st 2007, 06:10 AM
marquez
Help Required
calculate the present value of a revenue stream for 8 years at a constant rate of \$12000 per year if the discount rate is 7.5%?
• Aug 1st 2007, 07:55 AM
tukeywilliams
$PV = \frac{12000}{(1+0.075)^8}$.