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Compute the present value of a $290 cash flow for the following combinations of discount rates and times: (Do not round intermediate calculations. Round your
Compute the present value of a $290 cash flow for the following combinations of discount rates and times: (Do not round intermediate calculations. Round your answers to 2 decimal places.)
a. r = 10%, t = 9 years
b. r = 10%, t = 18 years
c. r = 5%, t = 9 years
d. r = 5%, t = 18 years
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