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Did I solve these correctly for PV and FV? What is the present value (PV) of $100,000 received six years from now, assuming the interest
Did I solve these correctly for PV and FV?
What is the present value (PV) of $100,000 received six years from now, assuming the interest rate is 8% per year? rate nper pmt fv PV 8% 6 0 100,000 ($63,016.96) What is the future value (FV) of $50,000 in thirty years, assuming the interest rate is 12% per year? rate nper pmt pv FV 12% 30 0 $50,000 ($1,497,996.11) Step by Step Solution
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