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A) What is the present value of a $5,000 payment you will receive in one year, assuming a discount rate of 2%? B) You want

A) What is the present value of a $5,000 payment you will receive in one year, assuming a discount rate of 2%?

B) You want to make a one-time deposit into a bank account today and have $10,000 in the account in five years. Which interest rate requires you to deposit the most amount of money into the account today?

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