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Assuming that money is worth 10%, compute the present value of: 1. $10,000 received 15 years from today. $Answer 2. The right to inherit $3,000,000
Assuming that money is worth 10%, compute the present value of: 1. $10,000 received 15 years from today. $Answer 2. The right to inherit $3,000,000 14 years from now. $Answer 3. The right to receive $6,000 at the end of each of the next six years. $Answer 4. The obligation to pay $5,000 at the end of each of the next 10 years. $Answer 5. The right to receive $14,000 at the end of the 7th, 8th, 9th, and 10th years from today. $Answer
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