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Trish receives $450 on the first of each month. Josh receives $450 on the last day of each month. Both Trish and Josh will receive payments for next four years. At a discount rate of 9.5 percent, what is the difference in the present value of these two sets of payments?
Novelty
The quality of being new, original, or unusual.
Relational Stages
The various phases that relationships go through, from initial formation and intensification to possible decline and dissolution.
Progressing Speed
The rate at which something moves forward or develops.
Reflective Turning Point
Event that signals a change in the way a relationship is defined.
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