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1. What is the present value of $10,000 to be received after 5 years, discounted at 5%? Answer 2. What is the future value of
| 1. | What is the present value of $10,000 to be received after 5 years, discounted at 5%? | Answer |
| 2. | What is the future value of $20,000 at the end of 4 years, compounded at 6%? | Answer |
| 3. | What is the present value of equal payments of $36,000 due at the end of each of 8 periods, | Answer |
| discounted at 5%? | ||
| 4. | What is the future value of equal payments of $50,000 made at the beginning of each of | Answer |
| 5 periods, compounded at 7%? | ||
| 5. | What is the present value of equal payments of $40,000 made at the end of 8 periods, | Answer |
| compounded at 6%? The payments are deferred for 3 yearsbefore they begin. |
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