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How much money would you have to invest today to accumulate $4100 after 7 years if the rate of return on your investment is 6%?

How much money would you have to invest today to accumulate $4100 after 7 years if the rate of return on your investment is 6%?

b. What is the present value of $4100 that you will receive after 7 years if the discount rate is 6%?

c. What is the most you would spend today for an investment that will pay $4100 in 7 years if your opportunity cost is 6 %?

d. Compare, contrast, and discuss your findings in part a through c.

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