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Detemine the present value if $5,000 is received in the future (i.e., at the end indicated time period) in each of the following situations: a.
Detemine the present value if $5,000 is received in the future (i.e., at the end indicated time period) in each of the following situations:
a. 5 percent for ten years
b. 7 percent for seven years
c. 9 percent for four years
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