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An amount of money will be 15000 at an interest rate of 10%. How much is its present value if it will be received in

An amount of money will be 15000 at an interest rate of 10%. How much is its present value if it will be received in 10 years?


What is the future value of a 15000 investment today if for the next 4 years the interest rate is 5%, then 8% for the following 5 years, and 10% for the last 6 years?

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