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1. If you invest $250,000 today and receive $90,000, $85,000 and $83,000 over the next three years, and expect a 7.7% return, would you make
1. If you invest $250,000 today and receive $90,000, $85,000 and $83,000 over the next three years, and expect a 7.7% return, would you make this investment? FV = 90,000
2. Your great Uncle has left you $350,000 in his will. You believe he will die ten years from now, and you will receive it then. What if you need the money now, how much would you take as a discount from your Uncle that is equivalent to the $350,000 in ten years?
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