What is the present value of $12,000 received a. 6 years from today when the interest rate
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What is the present value of $12,000 received
a. 6 years from today when the interest rate is 5% per year?
b. 12 years from today when the interest rate is 8% per year?
c. 20 years from today when the interest rate is 10% per year?
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