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Calculate PV OF 10k to be received in 5 years; J1 = 10% & J12 = 9.596%; If PV of 10k is 5k what annual

Calculate PV OF 10k to be received in 5 years;

J1 = 10% & J12 = 9.596%;

If PV of 10k is 5k what annual compound rate was applied in calc value?

Cheerz.

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