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Attempts:1 6. Future and present values Suppose a relative has promised to give you $1,000 as a wedding gift the day you get engaged. Assuming

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Attempts:1 6. Future and present values Suppose a relative has promised to give you $1,000 as a wedding gift the day you get engaged. Assuming a constant interest rate of 9%. Keep the Highest: 1/2 consider the present and future values of this gift, depending on when you become engaged. Complete the first row save the money of the folowing table by determining the value of the gift in one and two years with interest if you become engaged today and Value in One Year Present Value Value in Two Years (Dollars) Date Received(Dollars) Today In 1 year In 2 years (Dollars) 1,000.00 1,000.00 1,000.00 Now complete the first column of the previous table by computing the present value of the gift if you get engaged in one year or two yeans gift isif you get engaged in two years than it is if you get engaged in one year The present value of the gift Save & Continue Grade It Now Continue without saving O Type here to search Attempts: Keep the Highest: 1/2 6. Future and present values Suppose a relative has promised to give you $1,000 as a wedding gift the day you get engaged. Assuming a constant interest rate of 9%, eetide the present and future values of this gift, depending on when you become engaged. of the following table by determining the value of the gift in one and two years with interest f you become engaged today and become engaged today and save the money. Present Value (Dollars) 1,000.00 Value in One Year Value in Two Years Date Received Today In 1 year In 2 years (Dollars) (Dollars) 917.43 1,000.00 1,090.00 1,188.10 Now complete the first column of the the present value of the gift if you get engaged in one year or two years 1,295.03 gaged in two years than it is if you get engaged in one year. The present value of the gift is Save & Continue Grade It Now Continue without saving O Type here to search

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