Calculate the present worth of $1 at the following points in time and associated interest rates: Time

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Calculate the present worth of $1 at the following points in time and associated interest rates:

Time (years)

Applicable interest rate

(% p.a.) Present worth of $1 ($)

5 25 10 10 15 5 20 2.5 25 1 What do you conclude about the use of declining interest rates with time?

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