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For each of the following, compute the present value (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16))
For each of the following, compute the present value (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)):
| Present Value | Years | Interest Rate | Future value | |||||
| $ | 13 | 7 | % | $ | 15,451 | |||
| 4 | 13 | 51,557 | ||||||
| 29 | 14 | 886,073 | ||||||
| 40 | 9 | 550,164 | ||||||
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The AMA Handbook Of Financial Risk Management
Authors: John J. Hampton
1st Edition
0814417442, 978-0814417447
