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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 | |||||
| $ | 12 | 6 | % | $ | 15,651 | |||
| 3 | 12 | 53,557 | ||||||
| 28 | 13 | 888,073 | ||||||
| 30 | 10 | 552,164 |
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Microeconomics
Authors: Glenn Hubbard, Anthony O'Brien
7th Edition
0134737504, 978-0134737508
