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1. For the following two situations you must show your calculations for credit . a. Based on the information below please calculate the value of

1. For the following two situations you must show your calculations for credit.

a. Based on the information below please calculate the value of $40,000 to be received at the end of ten years, discounted at 10%. (4 Points)

End of Period PV of $1 PV of an Annuity of $1 (factors at 10%)

10 0.386 6.145

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