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a. What is the present value of $200,000 to be received after 30 years with a 15 percent discount rate? (Do not round intermediate calculations.

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a. What is the present value of $200,000 to be received after 30 years with a 15 percent discount rate? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value b. Would the present value of the funds in part a be enough to buy Dr. Danielsen's used minivan for $3,020 ? Yes

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