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6. if you expect to receive payment of $500 in two years or $400 in four years and $700 in five years how much can

6. if you expect to receive payment of $500 in two years or $400 in four years and $700 in five years how much can you borrow against this amount today assuming a 5% interest rate compounded annually
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If you expect to receive payments of $500 in 2 years, $400 in 4 years and $700 in 5 years how much can you borrow against this amount today assuming a 5 % interest rate compounded annually? 6

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