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a. What is the present value of $200,000 to be paid at the endof 10 years, assuming an 8% interest rate? b. What is the
a. What is the present value of $200,000 to be paid at the endof 10 years, assuming an 8% interest rate?
b. What is the present value of $20,000 per year for 10 years,assuming an 8% interest rateStep by Step Solution
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