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Answer D please. You will receive $8,600 three years from now. The discount rate is 12 percent. a. What is the value of your investment

Answer D please.
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You will receive $8,600 three years from now. The discount rate is 12 percent. a. What is the value of your investment two years from now? Multiply $8,6001.121 or divide by 1.12 (one year's discount rate at 12 percent). Note: Do not round intrmediate calculations. Round your answer to 2 decimal places. Answer is complete and correct. b. What is the value of your investment one year from now? Multiply your answer to part a by 1.121 Note: Do not round intermediate calculations. Round your answer to 2 decimal places. c. What is the value of your investment today? Multiply your answer to part b by 1.121. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Answer is cimplete and correct. Value of investment d. Use the formula PV=FV((1+i)n1) to find the present value of $8,400 received three years from now at 12 percent interest. Note: Do not round intermediate calculations. Round your answer to 2 decimal places

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