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a. What is the present value of $30,000 received 5 years from now? Assume a rate of 6%? b . To what value would $30,000

a. What is the present value of $30,000 received 5 years from now? Assume a rate of 6%?

b. To what value would $30,000 grow, compounded annually in 5 years assuming a discount rate of 4%?

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