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9) calculate present value 10) double money What is the present value of a security that will pay $90,000 in 12 years if securities of

9) calculate present value
10) double money image text in transcribed
What is the present value of a security that will pay $90,000 in 12 years if securities of similar risk pay 6% annually? $38,511.72 $44,727.24 $47,289.49 $54,446.66 $103,617.10 Question 10 If you deposit money in an account that pays 6% interest today, how long will it take to double your money? 9.01 years B) 10.24 years 11.90 years 14.21 years 17.77 years

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