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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 Value
| 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 | |||||
| $ | 13 | 7 | % | $ | 16,051 | |||
| 4 | 13 | 57,557 | ||||||
| 29 | 14 | 892,073 | ||||||
| 40 | 9 | 556,164 |
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Derivatives Markets
Authors: Robert L. McDonald
2nd Edition
032128030X, 978-0321280305
