Compute the PV of $5000 received in 3 years if the interest rate is (a) 6% (b)

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Compute the PV of $5000 received in 3 years if the interest rate is

(a) 6%

(b) 11%.

What is the PV in these two cases if the sum is instead received in 5 years?

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Calculus

ISBN: 9781319055844

4th Edition

Authors: Jon Rogawski, Colin Adams, Robert Franzosa

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Question Posted: Dec 01, 2023 06:17 AM

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Compute the PV of $5000 received in 3 years if the interest rate is (a) 6% (b)

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In 3 years a PV 5000e00...View the full answer

Calculus

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