Compute the present value of a $100 cash flow for the following combinations of discount rates and
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Compute the present value of a $100 cash flow for the following combinations of discount rates and times:
a. r = 10 percent. t = 10 years
b. r = 10 percent. t = 20 years
c. r = 5 percent. t = 10 years
d. r = 5 percent. t = 20 years
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