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Homework # 1 What is the present value of $1,000 to be received at the end of eight years, assuming the following annual interest rates?

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Homework # 1 What is the present value of $1,000 to be received at the end of eight years, assuming the following annual interest rates? each) (10 points a. 4 percent, discounted annually b. 8 percent, discounted annually c. 20 percent, discounted quarterly d. 0 percent

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