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1.Your friend has a trust fund that will pay her the following amounts at the given interest rate for the given number of years.Calculate the

1.Your friend has a trust fund that will pay her the following amounts at the given interest rate for the given number of years.Calculate the current (present) value of your friend's trust fund payments.

Amount of Yearly Receipt

Rate

Time

Current Value

$6,200

10%

5 years

$12,200

12%

10 years

$18,000

15%

15 years

$22,500

20%

20 years

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