Assume you are currently aged 24 and your parents inform you that they are planning to give

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Assume you are currently aged 24 and your parents inform you that they are planning to give you $60,000 on your 30^th birthday. If the relevant discount rate is 5%, how much is your gift worth today?

Posted Date: May 20, 2024 12:00 AM

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Assume you are currently aged 24 and your parents inform you that they are planning to give

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