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Exercise #3. What is the present value of receiving a single amount of $5,000 at the end of three years, if the time value of

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Exercise #3. What is the present value of receiving a single amount of $5,000 at the end of three years, if the time value of money is 8% per year, compounded quarterly? Exercise #4. What is the present value of receiving a single amount of $10,000 at the end of five years, if the time value of money is 6% per year, compounded semiannually

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