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Find the Present Value of $95,000 that you will receive 20 years later. Interest rate is 4% , compounded annually. Use the formula below, (where

Find the Present Value of

$95,000

that you will receive 20 years later. Interest rate is

4%

, compounded annually. Use the formula below, (where

FV=95,000,i=4%

, and

n=20

)\ Present Value

=(FV)/((1+i)^(^(^())))n

\

$44,657.46

\

$208,156.70

\

$43,356.76

\

$42,056.06

\

$40,755.35
image text in transcribed
Find the Present Value of $95,000 that you will receive 20 years later. Interest rate is 4%, compounded annually. Use the formula below, (where FV=95,000,i=4%, and n=20 ) Present Value =(FV)/(1+i)n $44,657.46 $208,156.70 $43,356.76 $42,056.06 $40,755.35

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