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Finance Assignment | Professional Writing

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May 21st, 2020

Moonlight Industries just signed a sales contract with a new customer. JK will receive annual payments in the amount of $50,000, $96,000, $123,000, and $138,000 at the end of Years 1 to 4, respectively.

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What is this contract worth at the end of Year 4 if the firm earns 3.75 percent on its savings?

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