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2. What is the present value of $10,000 received a. Twelve years from today when the interest rate is 4% per year? b. Twenty years

2. What is the present value of $10,000 received

a. Twelve years from today when the interest rate is 4% per year?

b. Twenty years from today when the interest rate is 8% per year?

c. Six years from today when the interest rate is 2% per year?

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