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Drop down options: Cash Flow, Present Discounted Value, Interest Rate is based on the notion that a dollar paid in the future is less valuable
Drop down options: Cash Flow, Present Discounted Value, Interest Rate
is based on the notion that a dollar paid in the future is less valuable than a dollar paid today. The present value of a loan in which $3000 is to be paid out a year from today with the interest rate equal to 3% is s (Round your response to the neareast two decimal place) If a loan is paid after two years, and the amount $5000 is to be paid then with a corresponding 7% interest rate, the present value of the loan is $ (Round your response to the neareast two decimal place)Step by Step Solution
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