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If a loan is paid after two years, and the amount $9000 is to be paid then with a corresponding 7% interest rate, the present
If a loan is paid after two years, and the amount $9000 is to be paid then with a corresponding 7% interest rate, the present value of the loan is $ (Round your response to the neareast two decimal place) Try again. The general equation for the present value of this simple loan paid two years later is given by PV=CF/(1+i)n where PV = Present Value CF = Cash Flow (paid amount) i= interest rate n= number of years until payout
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