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Answer the following time value of money questions assuming the interest rate is 9 percent. What is the present value of $ 1 , 8

Answer the following time value of money questions assuming the interest rate is 9 percent.
What is the present value of $1,800 to be received in four years?
What is the present value of $1,800 to be received in eight years?
What will be the value in seven years of $12,300 invested today?
How much would you pay for the right to receive $5,300 at the end of year 1, $4,300 at the end of year 2, and $8,300 at the end of year 5?
How long will it take for a $2,300 investment to double in value?
What will be the value in 20 years of $2,100 invested at the end of each year for the next 20 years?
Note: Round your answers to 2 decimal places.

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