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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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