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For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present
For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
| Present Value | Years | Interest Rate | Future Value | |||||||||
| $ | 11 | 5 | % | $ | 17,828 | |||||||
| 3 | 10 | 42,017 | ||||||||||
| 15 | 13 | 795,382 | ||||||||||
| 20 | 12 | 652,816 | ||||||||||
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The Economics Of Money Banking And Financial Markets
Authors: Frederic Mishkin
13th Global Edition
1292409487, 978-1292409481
