What is the present value of $4000 per year, at a discount rate of 10%, if the first payment is received 8 years from now and the last payment is received 25 years from now?

We Have 4000/1.1

^{8}+...4000/1.1^{25}=4000/1.1^{7}(1/1.1+...1/1.1^{18})...uUse Pv Of AnnuityOf $1 ForParenthesis ParT