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2. Discounted at 6%, $1000, received three years from now, is worth less than $800 a) True b) False This assignment is done in excel

2. Discounted at 6%, $1000, received three years from now, is worth less than $800 a) True b) False

This assignment is done in excel and requires the functions to be used. pls explain ive tried with PV and Fv and NPV. it always turns out wrong.

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