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If the interest rate this year is 7.5% and the interest rate next year will be 9.5%, what is the future value of $1 after
If the interest rate this year is 7.5% and the interest rate next year will be 9.5%, what is the future value of $1 after 2 years? What is the present value of a payment of $1 to be received in 2 years? (Do not round intermediate calculations. Round your answers to 4 decimal places.) Future value $ Present value $
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Managerial Accounting
Authors: McGraw Hill Education
14th Edition
1121182518, 978-1121182516
