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help please! Explain to your grandmother what it means when we say that the present value of $200 received one year from today is $181.81,
help please! 
Explain to your grandmother what it means when we say that the present value of $200 received one year from today is $181.81, given a discount rate of 10% ? Your grandmother does not understand math so don't use an equation to explain this Step by Step Solution
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The Financial Services Marketing Handbook
Authors: Evelyn Ehrlich
2nd Edition
1118065719, 978-1118065716
