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Question: Computing Present Values of Single Amounts and Annuities Refer to Tables 1 and 2 in Appendix A ne...
Computing Present Values of Single Amounts and Annuities Refer to Tables 1 and 2 in Appendix A near the end of the book to compute the present value for each of the following amounts. Round answers to the nearest dollar. a. $130,000 received 10 years hence if the annual interest rate is:
10% compounded annually | |
10% compounded semi-annually |
d. $260,000 received 10 years hence discounted at 10% per year compounded annually. $Answer ???
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