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1. What is the present value of $1,552.90 due in 10 years at (1) a 12 percent discount rate and (2) a 6 percent rate?
1. What is the present value of $1,552.90 due in 10 years at (1) a 12 percent discount rate and (2) a 6 percent rate?
- 2. To the closest year, how long will it take a $200 investment to double if it earns 7 percent interest? How long will it take if the investment ears 18 percent? (Note: use the Rule
- of 72).
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1 To calculate the present value of 155290 due in 10 years we will use the present value formula PV ...
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Fundamentals Of Financial Management
Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston
11th Edition
1111795207, 9781111795207
